GDXJ – Van Eck Market Vectors Junior Gold Miner ETF Starts Trading On NYSE

Just a quick posting as a very interesting trading vehicle just started trading. I am referring to Van Eck’s new Market Vectors Junior Gold Miner ETF. I am going to add that one to my public list as Van Eck’s GDX – Market Vector Gold Miners has become a very popular exchange traded fund. GDXJ has the potential to become even more popular as the gold bull market evolves over time.

Up-to-date GDXJ – Market Vectors Junior Gold Miners Chart on my public list.

Here is the list of the components and their corresponding tickers:

COEUR D’ALENE MINES – CDE
NEW GOLD – NGD
SILVER STANDARD RESOURCES – SSRI
HECLA MINING – HL
GAMMON GOLD – GRS
ALAMOS GOLD – AGI.TO
SEMAFO – SMF.TO
SILVERCORP METALS – SVM
EUROPEAN GOLDFIELDS
GOLDEN STAR RESOURCES – GSS
NORTHGATE MINERALS – NXG
KINGSGATE CONSOLIDATED
JAGUAR MINING – JAG
SAN GOLD – SGR.V
AURIZON MINES – ARZ.TO
NOVAGOLD RESOURCES – NG
ANDEAN RESOURCES – AND.TO
MINEFINDERS – MFN
ALLIED NEVADA GOLD – ANV
VENTANA GOLD – VEN.TO
RUBICON MINERALS – RMX.TO
GREAT BASIN GOLD – GBG
LAKE SHORE GOLD – LSG.TO
ST BARBARA
GABRIEL RESOURCES – GBU.TO
FRONTEER DEVELOPMENT GROUP – FRG
AVOCA RESOURCES
KIRKLAND LAKE GOLD – KGI.TO
ROMARCO MINERALS – R.TO
MEDUSA MINING
DETOUR GOLD – DGC.TO
GOLD WHEATON GOLD – GLW.V
DOMINION MINING
COLOSSUS MINERALS – CSI.TO
REAL GOLD MINING LTD 246 HK
U S GOLD – UXG
AVOCET MINING
LINGBAO GOLD 3330 HK

Some additional information from Van Eck’s website:

The Junior Gold Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index. The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver. The Fund will normally invest at least 80% of its total assets in companies that are involved in the gold mining industry. As such, the Fund is subject to, among others the risks of investing in international equities and small- and mid-cap mining companies. Many companies may not have begun to generate material revenues and operate at a loss, contributing to greater volatility, lower trading volume and less liquidity than larger companies.