Destinator Thursday, 09/06/18 08:11:40 PM Re: joe_techi post# 136 Post # of 162 I've been tracking URA's rebalancing efforts especially as it pertains to UEX. Many who understand the UEX story are frustrated at how the URA rebalancing took the steam out of an incredible Uranium story that is unfolding for UEX. The rebalancing knocked the wind right out of the UEX sails. In doing so, I notice that URA's share price itself has been taking a hit since Global X reported its intent to rebalance. I suspect the people are selling their holdings and investing their money directly into some of the better known Uranium mining companies so your $11.00 buy target may not be too far off for you. There are many people scratching their heads over the way the rebalancing was carried out. That said, once the rebalancing is finished some may return to URA but I suspect that they will be more inclined to wait for the Uranium Price to increase substantially first. It is entirely possible that both may happen at about the same time. One of the things that I really don't get is why the New Index being tracked by URA contains 4.17% of Barrick Gold. People investing in an ETF with Uranium in the name surely expect that their money will be invested in Uranium and not GOLD. There are other ETFs which invest in Gold. That is a real headscratcher that noone can provide a clear explanation for as of yet. I'm glad to see someone is looking into this boaard because rebalancing or not, Uranium is getting ready for a major ride up.