I agree with you. tko and rmx were both added to TSX/S&P composite index a few days ago, so all TSX/S&P index tracking funds need buy big volume shares to make the ratio close to year end. The min reqirement of any component is 0.45%. RMX average volume is 1M, today's volume is 13M ! Assume 7M are bought and held by mutual funds(not hedge funds, which are just super day traders and nothing else), it will drastically change the trading behavior of that stock. I did a rough calculation on rmx. Assume rmx weight is 1% in the index, in 2010, every mth, 0.6M shares will be bought and held by index funds. Assuming everything stays the same, the significant decrease of the daily active shares to sell will move the price up significantly. Also, having more mutual fund holders will reduce the stock volatility significantly.

San Gold is doing excellent work in exploration and production. But they need catch up with marketing and IR in 2010. They have $1B market cap and $20M cash, steady and growing production, they are well qualified and need get listed on tsx and amex ASAP. Maybe Dale is too busy on E&P, but the VP for IR should take this task as top priority. Stock shares with high and fair price is a powerful tool/resource and real money to finance strategic M&A, or attract the best employees in the industry. The benefit is so huge that I can't believe getting listed on tsx/amex is not focused by the mgmt and no updates are provided all year around. I emailed IR on this question but got no reply. Will try to call the 800 number next week and hope to speak to a person, not a answer machine.