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BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s):  HZNSF

HGU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the Solactive Canadian Gold Miners Index. If HGU is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. Conversely, HGUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HGU employs leverage.


TSX:HGU - Post by User

Comment by presto10on Nov 11, 2008 1:36pm
282 Views
Post# 15578561

RE: Just hope the hardcore 'Gold bugs'

RE: Just hope the hardcore 'Gold bugs'The absolutely BEST value I can find in any jr. is Troy Resources, based in Australia and new to the TSX w/ only one newsletter coverage.  Since a letter to shareholders went out in early October , it continues to fall and is now trading at cash in the bank - you get 50,000 oz at $300US cost commencing this year (Brazil); 6 million tonnes of iron ore in the first 43-101 that should start producing in 1/2 09 w/ $5m start up costs; two mills in Australia and coal in Mongolia.  AND 8 YEARS Of UNINTERRUPED DIVIDENDS FOR FREE.   Oh and still long HGU....


https://www.globeinvestor.com/servlet/story/CCNM.20081007.490112_1/GIStory/

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