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

ProShares Short SmallCap600

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Post by bot_feederon Jul 13, 2010 3:57pm

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Post# 17266433

sbb

Sabina's latest presentation says cash is approximately $50 million.

Assuming the new offering is completed, that bumps up to $72 million.

I would guess they will spend about 10 million the 2nd half of the year on exploration.

So they should end the year at about $60 million cash. That's a nice cushion to be able to keep drilling even if there is any slump in the metals markets.

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