In light of yesterdays close this may be of interest in explaining the way the TMX manages situations such as occurred yesterday.The faq outlines things like the market on close (MOC) imbalance,offsetting orders,volatility parameters,the price movement extension(4:00 - 4:10 pm) and closing price acceptance parameters.

It is perhaps a testament to the depth of the market for SGR that it was sufficient to balance the book for such a large sell order within the required parameters of 10% of the vol. weighted ave. price of the last 20 mins. of regular trading. ( my rough calc. puts it at between 8 and 9 percent).

So everything legit. Cold comfort for those of us caught in the down draft. Another lesson in caution about owning shares in the gold mining space.I have to respect any shareholders right to sell their shares. In my opinion the sale was done tactfully and according to the MOC guidelines. Other external factors like the recent movements in the POG have not been helpful to the share price either.Hopefully SGR has enough positive things going for it going forward and the shares will recover quickly.If not I will need to look at going to plan "B" in the not too distant future.