GDXJ4 Dec 2020 08:40
Taken from Canadian BB
@theavenger What is MVIS? I think GDXJ is coming as well. 0 3 Dec 2020, 03:45
@Grandstander1 I keep hearing this, but I rarely see it. Getting added to an index doesn't turn into this massive buy signal to the public. Nor does inclusion generate so much upward momentum that it pushes the stock price higher. It is possible that PGM gets noticed when people check out the composition. Look at WM, they are in GDXJ and it didn't materialize into anything. NGD is a producing mine, any bump up?
If you watched the interview with Adelaide Capital the rerate (aside from the POG) will really come in 3 months when the new improved, increased resource estimate comes and commercial production starts.
Since that nice resource estimate came out in 2018, with high grades, low AISC etc 50000 metres over 400 holes have been drilled that will be included in the new estimate. Mine life should increase, other zones will be included. This team has been a good steward for this project.