Re: Is XGD safe?, what's worse than lawyers?
in response to
by
posted on
Nov 06, 2009 02:07PM
We may not make much money, but we sure have a lot of fun!
I think the larger companies in XGD will have a hard time in the future keeping their production up. There is a new etf that is being created that will invest in a basket of juniors. I have not yet done my dd on this but it seem a some what safer way to play them than having direct exposure to individual companies. http://news.goldseek.com/GoldSeek/1256191740.php A new ETF is being introduced to the investing community by van Eck Global, the same corporation that is behind a number of ETFs, including GDX, the Gold Miners ETF. This ETF (symbol GDXJ) will represent 38 junior mining and exploration companies that have mining potential. The complete listing is available at the bottom of this article.
Company - Ticker symbol(s) – Percentage of ETF – Website.
Alamos Gold Inc. AGI.TO; 5.11%; www.alamosgold.com
Allied Nevada Gold Corp. ANV.A; 2.22%; www.alliednevada.com
Andean Resources Ltd. AND.TO; AND.ASX; 2.99%; www.andean.com.au
Aurizon Mines Ltd. AZK; ARZ.TO; 3.52%; www.aurizon.com
Avoca Resources Ltd. AVO.AX; 2.06%; www.avocaresources.com.au
Avocet Mining PLC. AVM.L; 0.88%; www.avocet.co.uk
Coeur d’Alene Mines Corp. CDE; CDM.TO; 6.2%; www.coeur.com
Colossus Minerals Inc. CSI.TO; 0.89%; www.colossusminerals.com
Detour Gold Corp. DGC.TO; 1.38%; www.detourgold.com
Dominion Mining Ltd DOM.AX; 1.33%; www.dml.com.au
European Goldfields Ltd. EGU.TO; 2.13%; www.egoldfields.com
Fronteer Development Group Inc. FRG; FRG.TO; 2.37%; www.fronteergroup.com
Gabriel Resources Ltd. GBU.TO; 1.55; www.gabrielresources.com
Gammon Gold Inc. GRS; GAM.TO; 4.32%; www.gammongold.com
Gold Wheaton Gold Corp. GLW.V; 1.07%; www.goldwheaton.com
Golden Star Resources Ltd. GSS; GSC.TO; 3.31%; www.gsr.com
Great Basin Gold Ltd. GBG; GBG.TO; 2.54%; www.greatbasingold.com
Hecla Mining Co. HL; 3.8%; www.hecla-mining.com
Jaguar Mining Inc. JAG.TO; 3.67%; www.jaguarmining.com
Kingsgate Consolidated Ltd. KCN.AX; 2.96%; www.kingsgate.com.au
Kirkland Lake Gold Inc. KGI.TO; 2.41%; www.klgold.com
Lake Shore Gold Corp. LSG.TO; 1.78%; www.lsgold.com
Medusa Mining Ltd. MML.AX; 1.22%; www.medusamining.com.au
Lingbao Gold Co Ltd. 3330. HK; 0.52; www.lbgold.com
Minefinders Corp Ltd. MFN; MFL.TO; 2.79%; www.minefinders.com
New Gold Inc. NGD; NGD.TO; 6.13%; www.newgoldinc.com
Northgate Minerals Corp. NXG; NXG.TO; 3.11%; www.northgateminerals.com
Novagold Resources Inc. NG; NG.TO; 2.74%; www.novagold.com
Real Gold Mining Ltd. 0246. HK; 0.80%; www.realgoldmining.com
Romarco Minerals Inc. R.V; 1.69%; www.romarco.com
Rubicon Minerals Corp. RBY; RMX.TO; 2.17% www.rubiconminerals.com
San Gold Corp. SGR.V; 3.73%; www.sangoldcorp.com
Semafo Inc. SMF.TO; 2.71%; www.semafo.com
Silver Standard Resources Inc. SSRI; SSO.TO; 6.7%; www.silverstandard.com
SilverCorp Metals Inc. SVM; SVM.TO; www.silvercorpmetals.com
St Barbara Ltd. SBM.AX; 1.6%; www.stbarbara.com.au
US Gold Corp. UXG; UXG.TO; www.usgold.com
Ventana Gold Corp. VEN.TO; 1.21% www.ventanagold.com
This listing courtesy www.pdegraaf.com