Junior gold mine ETF coming online

Market Vectors Junior Gold Miners Index Constituents

http://vaneck.com/sld/vaneck//offerings/press_releases//GDXJ Index Constituents Announcement.pdf

 

"Junior" Under 18? So everyone who works with the company is a "miner"?

 

symbol?

 

MVGDX

Not yet online apparently but I wil look at it closely.

 

Looks like the symbol for a mutual fund.. ??

 

noo what happened is that van eck created an index of junior miners.... they are in the process of creating an ETF to track their new index... they have to get all the approvals ect...


should be an interesting ETF to watch...

 

Has it been launched?

http://www.vaneck.com/index.cfm?cat=3192&cGroup=ETF&tkr=GDXJ&LN=3_02

 

It's on the NYSEA exchange- who uses this?

 

I'm looking for some gold exposure ... maybe through an ETF. Not sure if I want metal, these Jr.'s or something else. I'm a bit out of my element here and a few pros & cons would be helpful.