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 > SBB - 6g per ton open pit and 10 million oz

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Comment by Atonon Jan 09, 2023 9:06am

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Post# 35210694

RE:RE:SBB - 6g per ton open pit and 10 million oz

Its just simple mathematics, NPV if one sum up the net profits the first 25 years is 7 billion CAD. Then I assume gold price at $2000, discount rate 4% and that production goes to 400.000 oz after 5 years.

Imagine if gold goes up to $4000-10.000 during this time, then 7 billion M-cap will be really low.

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