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QUESTION: URA currently holds 1.95% of its holdings

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Destinator   Saturday, 09/08/18 10:04:00 AM
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QUESTION: URA currently holds 1.95% of its holdings in Barrick Gold which is well below the New target of 4.19%. Nevertheless, why does the new Uranium/Nuclear Index include Gold Stocks? Can anyone answer that question? I cannot find any announcement by Barrick that they are mining or finding any Uranium and even if they are do they have anywher near the amount that some Uranium Mining companies have? I just don't get it and would love to understand the rationale for this decission by the Index setters.

Uranium prices continue to rise. Yesterday Spot Price was up another $0.30.
See Twitter Discussion here

Why is URA share price falling while the price of Uranium is bouncing back up higher with each passing week? Could it be because of their large reduction in the Uranium Mining shares? I think it is and if URA was to announce that they were going to go back to the old INDEX, their shares would skyrocket. It makes no sense to stay the current course.


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