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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Comment by bot_feederon Mar 09, 2011 10:37am

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Post# 18257589

RE: RE: if

I'm speculating that it is looking pretty plausible they get to the 5 million ounce level.

But maybe I should also make it clear that doesn't mean that would necessarily be a ceiling. Although, I do believe that if they are sitting on 20 million ounces in the ground it will take maybe 8-10 years before we will know that.

I already think they are superior to Seabridge since Seabridge has zillions of ounces of gold but low grade.
And Aurelian's deposit was a fantastic one (I say "was" because I believe they got bought out by Kinross?) but in a nation with a government hostile to capitalism.

I'd definitely take Sabina's properties over Seabridge's or the Ecuador gold project in a heartbeat.

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