Clarification

Yesterday I shared the portfolio changes, but when I want to clarify how I invested the SILJ proceeds. The equal-weighting I mentioned was within similar companies, the mid-caps vs. junior explorers, but I invested 75% of the funds into the mid-cap producers, only 25% in the junior explorers, and in each group the fund were equal weighted in each miner. So the bigger miners split 75% among them, the juniors only 25%, and I chose to equal-weight the positions in each, meaning the mid-caps’ positions are 3X more each than the amount invested in each junior explorer. I figured the 75/25 split was appropriate to compensate for the higher risk in the juniors.