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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Comment by sens93on Sep 15, 2014 3:25pm
352 Views
Post# 22937503

RE:RE:RE:Lake Shore Gold added to S&P/TSX indices

RE:RE:RE:Lake Shore Gold added to S&P/TSX indices
This is a great description.  Think of it this way, The ishares gold fund tracks the TSX global gold index.  So now ishares will need to start a purchase into LSG.  Their fund is rouglhy $600M, so even a 1% weight would mean roughly 6 millions hares to be bought.  I know that BMO, TD etc usually have their gold funds linked as well with the SP index............
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