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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.


ARCA:SPTS - Post by User

Comment by RedHorizonon Feb 08, 2009 1:02pm
344 Views
Post# 15762048

Aljustrel Mine Stream

Aljustrel Mine StreamI have spoken with the company about this directly, back when the Lundin deal was announced.  When SST makes a deal, they own the silver in the ground.  It does not matter who buys the project, the buyer has to honor the agreement with SST.  SST effectively has "title" to the silver in the project.

Other wise any mine operator could sell a stream, and then go out and resell the entire project with the silver included and leave an SST or SLW with nothing.  This would be ridiculous.  SST owns a portion of the project, the silver portion.  They are like a JV partner who does not have operating control of the project.




Best of success to all.
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