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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

Comment by goldenriviton Aug 29, 2022 2:36pm
141 Views
Post# 34927462

RE:RE:This stock price is crazy!!!!!

RE:RE:This stock price is crazy!!!!!If SBB does in fact mine Goose the market cap will be $3 billion before the first gold pour in two yrs plus a bit.If SBB during the build takes the mine plan to 500,000 as like Sprott suggest then the market cap will be well over $3 billion.But if Barrick or AEM or Newcrest can see 500,000 is doable then SBB will not get the chance to mine Goose as there are NO 500,000 oz mines available in Canada other that the fully permitted Goose mine not yet near production.Keep in mind Barrick paid $1.2 billion in the 90s for Arequipia resources with only a dozen holes and no resource calculation in grading 3gt in $300 gold on what turned out to be drilled off to 7 million oz under Barricks ownership.SBB is so cheap it defies logic.Barrick and AEM likey see a 15 to 20 million oz story in SBB
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