Hi Solobeamer,

Thanks for the heads up on Van Eck's Proposed Junior Gold ETF. I already mentioned that McEwen's plans to launch and publish a Junior Gold Exploration Index has profound implications for the future demand for junior exploration companies. Van Eck's Proposed Junior gold ETF, IMO, will have even more profound implications for the demand for junior exploration companies than any published junior gold exploration stock index. I feel that Van Eck's timing for this ETF will once again be SPOT on, assuming it is approved soon. If approved today he would be launching an ETF where the top tier junior exploration companies are still 50% below where they were in 2007. It has been my experience as an investment advisor for over 35 years, that most new funds come to the market at market tops, not when most of the stocks are down 50% or more. I will do some research as to what proposed stocks will be included in their ETF and the criteria thereof. The information should be available through their SAI - I will let you know if I uncover anything. If VIT ends up being part of the ETF it will be no surprise to see its stock surge.

Tom