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learningthetruth

03/04/13 9:32 AM

#4048 RE: dano9008 #4046

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?
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dano9008

03/05/13 10:17 AM

#4083 RE: dano9008 #4046

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.