I think it got SGR off most of the market cap based index fund's radar and considering the index is quarterly based and was probably part of the long metals/short equities trade it is a good thing.
The quarterly reviews for the TSX/S&P is in September so it just so happens that SGR bottoms in September just as San Gold closed at 77 cents up from 73 cents the day previous. This puts San Gold at 250 million right at the removal threshold.
This was not by accident. This is Goodman possibly tired of the HFT crowd which he no doubt aided and abbetted as was evidence by the crosses.
Next review is in December so he better get cracking.
My only question is did you know who know what was going on?