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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 JoeBloon May 31, 2012 2:09am
330 Views
Post# 19964094

RE: RE: NEWS: PEA (a good one)

RE: RE: NEWS: PEA (a good one)

NKL is all low grade ore.  Their gold id at .23 grams per ton.  Most companies throw out that much gold in the tailings when they process their ore, so just what does anyone think can be extracted from this ore?  Also NKL's nickel is low grade.  I see zero prospect for NKL.  SBB's gold is in the 5 to 6 grams per ton, plus SBB has substantial cash in the bank, plus SBB will get a royalty of 50+ million ounces of silver on a property that has been sold to a major miner.  Personally, I wouldn't touch NKL. 

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