OGC oceanagold corporation
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The GDX/GDXJ selling events will only affect the Canadian...

  1. nordesmic
    4,356 Posts.
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    04/06/18
    14:03
    Post #: 33477040
    The GDX/GDXJ selling events will only affect the Canadian listing and it wouldn't surprise me if the trading action is anticipation of the rebalance.

    Usually what happens is that a couple of weeks before a rebalance a few brokers (particularly in Canada) release reports on companies that are likely to do well/poorly as a result of the rebalance. The new index weights are released one week before the rebalance (this will happen this Friday night Australian time).
    OGC Price at posting: $3.21 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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