TSX:LSG.DB - Post by User
Comment by
sens93on Sep 15, 2014 3:25pm
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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............