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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Post by vanexon Jun 16, 2017 11:56pm
303 Views
Post# 26373449

VERY INTERESTING

VERY INTERESTING

This seems like a good analysis of the components.

 

=============================================
It took a while but I was finally able to get the full allocation list on the MVIS index which GDXJ will try to replicate over the next week. I am assuming most of the selling will happen on Friday but there should be an increase in volume over the next few days while funds pre-position themselves and the portfolio managers of GDXJ slowly sell and buy into the volatility. I suspect that most of the buying and selling will be on the effective date this Friday if past is prologue.  Recall that in 2014 GDXJ did a similar rebalance that one could look to see what the future will bring.  The week between the announcement date and the effective date proved to be the most volatile period with both the additions and the GDXJ falling after the official changes were announced, then climbing mid-week, and finally going the “right-way” on the effective date (the additions finished up 3.1% while the GDXJ was down 2.6% on December 19, 2014). It seems this time around is playing out similarly with the 20 additions being down 1.75% today and the 52 subtractions all being up around 2.04%.  If past is prologue, we will start to see the deletions underperform towards the end of the week and that should be the time to buy.

 

In total. 20 new additions will be added and there will be no deletions.  However, in order to accommodate the new additions of larger cap names, the target allocation on the smaller pre-existing positions will all be downsized. Using the assets under management by GDXJ as of Friday’s close and looking at the current allocation percentage vs. the target allocation percentage (post rebalance), I calculated the rough amount of shares that should be sold over the next week and which ones would be added.

 

Name

GDXJ Old Allocation ($)

 GDXJ New Allocation ($)

 Dollars to be bought (sold)

 Shares to be bought (Sold)

PAN AMERICAN SILVER CORP

$                                   -  

 $         161,060,746.11

 $       161,060,746.11

 

       9,490,910.20  

 

GOLD FIELDS LTD-SPONS ADR

$                                   -  

 $         154,493,367.20

 $       154,493,367.20

 

    42,326,949.92  

 

TAHOE RESOURCES INC

$                                   -  

 $         140,784,873.90

 $       140,784,873.90

 

    15,925,890.71  

 

EVOLUTION MINING LTD

$                                   -  

 $         137,660,754.59

 $       137,660,754.59

 

    74,815,627.49  

 

YAMANA GOLD INC

$                                   -  

 $         136,553,981.89

 $       136,553,981.89

 

    55,850,299.34  

 

CENTAMIN PLC

$                                   -  

 $         126,200,633.80

 $       126,200,633.80

 

    68,815,439.12  

 

DETOUR GOLD CORP

$                                   -  

 $         120,170,705.22

 $       120,170,705.22

 

       9,436,254.83  

 

SIBANYE GOLD- SPON ADR

$                                   -  

 $         118,603,428.64

 $       118,603,428.64

 

    22,086,299.56  

 

NORTHERN STAR RESOURCES LTD

$                                   -  

 $         117,428,113.25

 $       117,428,113.25

 

    31,148,040.65  

 

OCEANAGOLD CORP

$                                   -  

 $         113,148,146.35

 $       113,148,146.35

 

    31,430,040.65  

 

IAMGOLD CORP

$         179,299,434.60

 $         112,276,748.59

 $         67,022,686.01

 

    13,064,851.07  

 

NEW GOLD INC

$                                   -  

 $         108,887,879.17

 $       108,887,879.17

 

    35,410,692.41  

 

ELDORADO GOLD CORP

$                                   -  

 $         105,336,353.25

 $       105,336,353.25

 

    38,869,503.04  

 

B2GOLD CORP

$         138,368,417.46

 $         104,666,940.52

 $         33,701,476.94

 

    12,079,382.42  

 

ALAMOS GOLD INC

$         141,435,838.88

 $         100,992,788.66

 $         40,443,050.22

 

       5,624,902.67  

 

HECLA MINING CO

$                                   -  

 $         100,262,740.53

 $       100,262,740.53

 

    17,904,060.81  

 

FIRST MAJESTIC SILVER CORP

$                                   -  

 $           91,187,607.53

 $         91,187,607.53

 

    10,979,844.37  

 

KIRKLAND LAKE GOLD LTD

$         212,325,853.77

 $           84,421,853.44

 $       127,904,000.33

 

       8,754,551.70  

 

COEUR D ALENE MINES CORP

$                                   -  

 $           83,376,898.84

 $         83,376,898.84

 

       8,822,952.26  

 

PRETIUM RESOURCES INC

$            98,498,256.34

 $           81,861,833.83

 $         16,636,422.51

 

       1,786,941.19  

 

REGIS RESOURCES LTD

$         154,202,659.00

 $           73,770,371.01

 $         80,432,287.99

 

    30,782,765.50  

 

OSISKO GOLD ROYALTIES LTD

$         159,010,777.80

 $           69,044,333.08

 $         89,966,444.72

 

       7,072,833.70  

 

SILVER STANDARD RESOURCES INC

$         140,176,973.44

 $           65,586,769.43

 $         74,590,204.01

 

       7,753,659.46  

 

ENDEAVOUR MINING CORP

$         112,846,712.48

 $           63,292,544.35

 $         49,554,168.13

 

       2,933,935.35  

 

CENTERRA GOLD INC

$         139,712,288.72

 $           58,964,984.40

 $         80,747,304.32

 

    14,509,848.04  

 

TOREX GOLD RESOURCES INC

$         118,140,879.59

 $           56,394,977.10

 $         61,745,902.49

 

       3,662,271.80  

 

ZHAOJIN MINING INDUSTRY CO LTD

$                                   -  

 $           54,449,169.77

 $         54,449,169.77

 

    67,221,197.24  

 

ST BARBARA LTD

$         118,249,163.86

 $           51,198,776.27

 $         67,050,387.59

 

    31,041,846.11  

 

HOCHSCHILD MINING PLC

$         113,610,404.05

 $           48,378,440.96

 $         65,231,963.09

 

    17,441,701.36  

 

NOVAGOLD RESOURCES INC

$            95,394,554.38

 $           48,027,565.91

 $         47,366,988.47

 

    11,304,770.52  

 

FORTUNA SILVER MINES INC

$            90,267,720.30

 $           42,801,769.91

 $         47,465,950.39

 

       9,493,190.08  

 

MAG SILVER CORP

$            76,349,741.26

 $           38,256,175.25

 $         38,093,566.01

 

       3,030,514.40  

 

MCEWEN MINING INC

$            72,547,828.82

 $           36,068,371.30

 $         36,479,457.52

 

    13,386,956.89  

 

GUYANA GOLDFIELDS INC

$            81,588,953.07

 $           35,727,229.94

 $         45,861,723.13

 

    10,140,790.08  

 

SARACEN MINERAL HOLDINGS LTD

$            80,161,337.29

 $           34,513,312.25

 $         45,648,025.04

 

    52,955,945.52  

 

SEMAFO INC

$            64,061,910.14

 $           33,422,253.07

 $         30,639,657.07

 

    13,617,625.36  

 

HARMONY GOLD MNG-SPON ADR

$            64,495,775.28

 $           32,616,485.64

 $         31,879,289.64

 

    16,822,844.14  

 

OSISKO MINING INC

$                                   -  

 $           30,959,232.76

 $         30,959,232.76

 

       8,782,761.07  

 

SANDSTORM GOLD LTD

$            65,333,317.17

 $           30,751,901.54

 $         34,581,415.63

 

       9,221,710.83  

 

SILVERCORP METALS INC

$            58,319,966.05

 $           28,734,297.00

 $         29,585,669.05

 

    10,067,604.40  

 

ACACIA MINING PLC

$                                   -  

 $           26,881,124.14

 $         26,881,124.14

 

       8,141,724.33  

 

ALACER GOLD CORP

$            59,441,279.27

 $           26,647,918.41

 $         32,793,360.86

 

    19,874,764.16  

 

SEABRIDGE GOLD INC

$            48,039,953.20

 $           26,592,649.06

 $         21,447,304.14

 

       2,092,419.92  

 

KLONDEX MNS LTD

$            52,047,102.42

 $           26,580,584.57

 $         25,466,517.85

 

       7,915,001.66  

 

RESOLUTE MINING LTD

$            52,428,015.14

 $           26,310,832.26

 $         26,117,182.88

 

    27,637,230.56  

 

RICHMONT MINES INC

$            47,029,178.25

 $           25,286,097.54

 $         21,743,080.71

 

       2,776,894.09  

 

ENDEAVOUR SILVER CORP

$            45,449,348.67

 $           22,992,720.75

 $         22,456,627.92

 

       7,267,517.13  

 

CONTINENTAL GOLD INC

$            36,186,819.46

 $           21,430,269.04

 $         14,756,550.42

 

       5,568,509.59  

 

HIGHLAND GOLD MINING LTD

$            40,291,625.33

 $           20,514,449.25

 $         19,777,176.08

 

       9,591,491.59  

 

CHINA GOLD INTERNATIONAL RES

$            44,851,421.76

 $           20,188,193.00

 $         24,663,228.76

 

    16,119,757.36  

 

PREMIER GOLD MINES LTD

$            42,295,853.02

 $           17,411,718.13

 $         24,884,134.89

 

    10,878,310.34  

 

FIRST MINING FINANCE CORP

$            34,147,891.32

 $           16,214,423.28

 $         17,933,468.04

 

    35,688,493.62  

 

ASANKO GOLD INC

$            36,831,591.35

 $           15,975,767.98

 $         20,855,823.37

 

    13,283,963.93  

 

ARGONAUT GOLD INC

$            30,829,351.74

 $           15,832,866.82

 $         14,996,484.92

 

       9,801,624.13  

 

GOLDEN STAR RESOURCES LTD

$            30,639,803.43

 $           15,084,485.97

 $         15,555,317.46

 

    22,014,318.51  

 

WESTGOLD RESOURCES PTY LTD

$            36,106,912.14

 $           14,446,813.19

 $         21,660,098.95

 

    14,835,684.21  

 

GOLD STANDARD VENTURES CORP

$            33,608,017.60

 $           13,905,855.68

 $         19,702,161.92

 

    10,001,097.42  

 

GOLD RESOURCE CORP

$            27,143,420.76

 $           12,847,657.51

 $         14,295,763.25

 

       3,565,028.24  

 

WESDOME GOLD MINES LTD

$            36,046,834.39

 $           12,756,947.77

 $         23,289,886.62

 

       9,205,488.78  

 

TERANGA GOLD CORP

$            27,089,255.57

 $           12,496,449.06

 $         14,592,806.51

 

       5,689,203.32  

 

DUNDEE PRECIOUS METALS INC

$            21,997,543.23

 $           12,457,181.35

 $           9,540,361.88

 

       5,129,226.82  

 

KOZA ALTIN ISLETMELERI AS.

$            37,244,141.49

 $           12,347,568.97

 $         24,896,572.52

 

       4,048,223.17  

 

PERSEUS MINING LTD

$            25,192,914.14

 $           11,253,780.24

 $         13,939,133.90

 

    57,186,190.36  

 

GREAT PANTHER SILVER LTD

$            24,206,583.73

 $           11,181,297.35

 $         13,025,286.38

 

    10,676,464.24  

 

SILVER LAKE RESOURCES LTD

$            20,091,391.52

 $             9,523,591.75

 $         10,567,799.77

 

    30,193,713.63  

 

RAMELIUS RESOURCES LTD

$            20,619,153.03

 $             9,435,803.37

 $         11,183,349.66

 

    34,538,897.60  

 

BEADELL RESOURCES LTD

$            20,815,021.98

 $             8,837,026.49

 $         11,977,995.49

 

    75,810,098.05  

 

MUNSUN CAPITAL GROUP LTD

$            13,616,581.81

 $             7,556,523.32

 $           6,060,058.49

 

             39,041.74  

 

DRDGOLD LTD

$            17,525,166.12

 $             6,452,687.15

 $         11,072,478.97

 

       3,375,755.78  

 

PRIMERO MINING CORP

$              6,415,353.76

 $             3,466,240.34

 $           2,949,113.42

 

       7,943,739.86 


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