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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 dlegovichon Mar 23, 2009 2:13pm
473 Views
Post# 15863623

RE: FNV bid?

RE: FNV bid?" You could be right, and that makes some sense.  It's also true that SSTis about 50/50% gold/silver right now, so the same thing could besaid--in reverse--about FNV having an interest in SST.  I think eitherone of these companies could buy SST for its gold OR silver stream atthis point, and simply hang on to the rest (or, vend them out, maybeeven to each other?) because they have added value. "

It is always worth it when you listen to a conference call.
When asked if SLW would be willing to sell the gold stream to, for example, Gold Wheaton, Peter Barnes said they will keep it.

Not sure, but maybe it would be somewhat difficult to split the Minto contract in two different contracts and sell the gold to someone else.
My sense is SLW would have preferred to buy an all silver company, but nothing is exactly as you would like it to be.

I hope that shareholders will keep their eyes on the ball and understand we should command a better valuation when compared to SLW. We are now at higher price levels, and the temptation to be satisfied with the SLW offer can be high but, believe me, this company is worth more, much more.

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