RE:RE:RE:FoolsIn laymans terms - Semafo got too big for the fund - they're no longer considered a junior once it hit a certain market cap and stayed there a period of time.
Not too worry though, it'll get added to other funds by money managers. geez dude, you can't be this informative about this kind of stuff when money is involved.
Other MM might decide to buy into smf for their own fund to beat the gdxj holdings - after all these guys are wanting to up each other. this could be seen as a buying opportunity for those that missed the 100% ytd rise in the stock.
so I wouldn't be losing sleep on it.