It looks like ECU has been added to the Market Vectors GDXJ index effective this Friday, June 17, 2011. This may acccount for the increased share volume activity. I have reviewed the Excel file and see that ECU will be given a weighting of .55%. This is a definite positive for the company.
Market Vectors® Junior Gold Miners Index (MVGDXJ)
The quarterly review produced 23 additions (18 Canadian stocks) and 4 deletions (all Canadian) from the index. The changes of the index components will be implemented after the close of trading on Friday, June 17th, 2011 and will be effective the next trading day.
Additions Estimated Demand / Supply
FVI CT Equity FORTUNA SILVER MINES INC 4,260,779
BCM CV Equity BEAR CREEK MINING CORP 2,612,782
MAG CT Equity MAG SILVER CORP 1,532,146
OK CV Equity ORKO SILVER CORP 4,391,395
GPR CT Equity GREAT PANTHER SILVER LTD 4,467,599
ECU CT Equity ECU SILVER MINING INC 10,657,909
AUMN UA Equity GOLDEN MINERALS CO 407,051
AVR CT Equity AVION GOLD CORP 13,222,891
TXG CT Equity TOREX GOLD RESOURCES INC 11,968,748
TRR CV Equity TRELAWNEY MINING AND EXPLORATION 3,874,626
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.