SPDR Portfolio Short Term Treasury ETF T.SST.U

Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.

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SPDR Portfolio Short Term Treasury ETF > Conference call notes

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Comment by MontyHighon Nov 25, 2008 1:15pm

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Post# 15609106

RE: Conference call notes

Great post. Point #4 is the key to Silverstone.

Any thoughts on what the zinc and lead prices are that go with those low copper prices? My take (from going thru Lundin's and Capstone's financials) was that with $.40 zinc and $.40 lead these guys needed around $1.70 copper to stay operating cash-flow positive apart from hedges.

MontyHigh

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