Van Eck has over 40 million common GBGLF shares as of March 13th, 2013
I do not think they have disposed of 10 million GBGLF shares at a penny in the past two weeks?
"Van Eck Associates Corporation 335 Madison Ave. - 19th Floor, New York, New York 10017 Aggregate Amount Beneficially Owned by Each Reporting Person 40,178,947 Common Sharesare held within mutual funds and other client accounts managed by Van Eck Associates Corporation, none of which individually own more than 5% of the outstanding shares." quoted from the: http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9158221
As of 4/5/13, VE holds 10,026,053 shares of GBGLF in the GDX and holds 16,906,841 shares in the GDXJ. So, 360,800 shares were distributed on 4/4/13 and 26,932,894 remain to be liquidated.