Replies to post #2946 on Gold Resource Corp (GORO)

[checkmate28]

The GDXJ is Rebalancing again. To remedy this they GDXJ are going to add 18 new companies in June. To do this, they are going to sell 50% of the shares of each or all of the current companies.

For example, GORO Gold Resources I was able to add under $4 today as they are one of the current companies. For GORO it works out to 4.5 million shares being dumped from the GDXJ, in the market over the coarse of the next couple weeks.

http://www.cnbc.com/2017/04/12/how-an-etf-gets-too-big-for-its-index.html

https://www.bloomberg.com/news/articles/2017-04-13/vaneck-s-junior-gold-miner-etf-seen-rebalancing-as-assets-soar