Johnny no offense...BUT KATX AGAIN HAS NOT YET PROVED IT HAS ANYTHING MINEABLE WORTH A DIME IN REEs....WHILE THE ETF you mention consists of already proven reserves in established companies...NOT THOSE HAVE FOUND "TRACES" and are still hunting for economic levels.....SO...in that respect...that ETF means nothing , unless KATX PRs WE HAVE CONFIRMED ECONOMIC LEVELS OF REEs WORTH approximately THIS MUCH based on HOW MANY TONS WE THINK ARE IN THE GROUND...ETC ETC..