Looking like SAR will be admitted into the GDX ETF next Friday. Needed to close this week over $1.28. Going to do it easily it seems.
It's not guaranteed they'll be added but a high probability. I suspect a lot of this week's movement has been due to people front running the GDX. The GDX will likely buy 40M shares+ so next week could be another good one as the traders create enough liquidity and bid the price up.
Van Eck will announce the rebalance tomorrow night I believe.
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