ELR added to S&P/TSX indicesThis is good.
We can expect a rise in sp because all those who are already members will be required to rebalance their portfolios by purchasing shares in the new member companies.
Eastern Platinum added to S&P/TSX indices
Eastern Platinum Ltd(C:ELR)
Shares Issued 681,277,446
Last Close3/12/2010 $1.44
Friday March 12 2010 - Miscellaneous
Standard & Poor's Canadian index operations have made the followingindex change as a result of the quarterly S&P/TSX Composite IndexReview. The change will be effective at the open on Monday, March 22,2010.
S&P/TSX COMPOSITE INDEX ADDITION
Issue name Symbol 60/Completion Live Composite GICS Sector Index
Eastern Platinum Ltd. ELR Completion Materials
Changes to the S&P/TSX CompositeIndex will also affect the S&P/TSX Capped Composite Index. Stocksadded to or removed from the S&P/TSX Composite Index will also beadded to or removed from the appropriate Global Industry ClassificationStandard (GICS) Sector Index.
S&P/TSX GLOBAL MINING INDEX, MARCH, 2010,
QUARTERLY REVIEW, ADDITION
Issue mame Symbol Exchange
Eastern Platinum ELR Toronto Stock Exchange
Company additions to and deletions from an S&P equity index do notin any way reflect an opinion on the investment merits of the company.