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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Post by montybissetton Aug 24, 2019 1:13am
249 Views
Post# 30061375

moving

movinglike we are a producer. Just about up 25% in 2 days. I called NH at the office yesterday to ask why. Basically told me she had no idea. I asked when we might be looking at increasing the RE. Told, no time soon. Too much cash needed to drill out the targets that would be needed. Figure given was 20 to 25 million. That mess we made beginning of the year raising 25 million @ 1.20 really hurt the company, so maybe that is wearing off. Share volume has been thru the roof also. We also had to low ball a bunch of shares to our Asian friends on the raise. Share price would be 2.50 to 2.75 now if no raise. Can you imagine raising now. We could have had enough extra to fund that supposed too much cost drilling program. In fairness it has been a tough market for Jr's. Not so much for Jrs with the gold.
Nice to see a company that has been kicked a couple times with huge potential finally getting it's day in the sun. We have another 5.00 and our silver starts to look good.  

GLTA

     
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