RE:RE:RE:RE:RE:RE:RE:RE:RE:TGZ Index additionwhat if they didn't get added is the better question. money managers wouldn't have bought if they thought there was a small chance they won't be added. the game is rigged.
the likely scenario is that they've already got a pre arrange block to cover the 1.61 or whatever weighting set aside (maybe I'm wrong and they're buying it up on the open market). Other managers that are tracking this same index would then consider adding Teranga to their own junior gold index - keyword being "consider" not necessarily follow it remember this is an index, other indexes could elect to keep Semafo and buying it up at these levels for their own fund hoping to beat the gdxj index.
If Teranga gets too big to be in the index they'll get dropped like a cheap suit - just ask Semafo. Semafo on the other hand has been on a tear ytd up ~ 100% the thinking of money managers would be "why pay 4.00/share while you can have a similar company for .85 cents." better upside potential and so on.