Gold miners need to replace depleted reserves. An effective avenue for doing that is through mergers and acquisitions. The Sprott Junior Gold Miners ETF (NYSEArca: SGDJ) will be anxiously awaiting these changes. SGDJ tracks small cap gold miners, but weighs its components based on revenue growth and price momentum. The ETF focuses on price momentum, which helps identify leading junior gold miners driven by factors like new discovery, mine development, or joint ventures. “In a recent report, BOA analyst Michael Jalonen said his team believes the pressure to replace reserves that have been mined will be one of the big ... (full story)