Interesting....Van Eck's liquidation has slowed dramatically....will they hold or continue to liquidate slowly. It's interesting to note(my observation only) that since Van Eck's liquidation has slowed the pps has been a bit more volatile and creeping downwards a bit more...possibly(and I'm sure) other funds have and will continue to liquidate, but GBGLF fund holdings as of 12-31-12 was roughly 125 million if I recall correctly. Will these other funds/tutes want to have GBFLF on the books on 3-31-13...we'll see. I still see compelling value here and think any shares bought at current levels will be at least a 3x-5x bagger at a miniumum. Any thoughts Danno, Finbar and other GBGLF holders on the above?
As of 3/4/13, Van Eck Global holds 11,644,891 shares of GBGLF in the GDX and holds 19,636,659 shares in the GDXJ. So no shares distributed 3/4/13 and 31,281,550 shares remaining to be liquidated.