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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

Comment by AlwaysLong683on Mar 31, 2023 1:33am
71 Views
Post# 35371039

RE:RE:RE:RE:RE:RE:RE:RE:Once you have the WHY

RE:RE:RE:RE:RE:RE:RE:RE:Once you have the WHYThanks for hopping into a time machine back to 2011 to get that info.

It's now 2023, or 12 years later and still not a penny in royalties has been received by SBB.

It's also been 10 years (2013) since Glencore seemingly invested any time or money into determining if this property is even mineable. Not mineable = zero in royalties received by SBB. Yet you have spent the past few weeks ranting about how valuable this sliver royalty agreement is and how SBB is just giving it away as part of a $1.1B takeover offer from BTO. Do your homework next time before spreading falsehoods about how SBB has included such a valuable silver royalty that in reality looks like an absolute dud.

Also, the greater the royalties Glencore would have to pay SBB for the silver produced, the less they are likely to actually mine the property as they will have to take into account the transfer of the agreed-upon portion of silver production to SBB when determining the feasibility / profitability kept by Glencore in building the mine and mill, thus making the project even less attractive to pursue.


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