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SILVER WHEATON CORP. T.SLW

"Silver Wheaton is a pure, unhedged paper proxy on silver prices with a unique business model. The company purchases silver for sale through long-term purchase contracts from counterparties. Currently, the company has long-term silver purchase contracts with more than a dozen mines. Silver Wheaton purchased and sold roughly 28 million silver-equivalent ounces in 2012 through its purchase sales contracts."


TSX:SLW - Post by User

Bullboard Posts
Comment by maxncompanyon Jan 29, 2006 11:02am
202 Views
Post# 10266874

RE: Comments on silver

RE: Comments on silverThere's risk with any silver miner who's mine is not yet in production. IMO, there is too much unwarranted fear about China in comparison to some S. American countries which have a long history of mining. This fear, IMO, is mostly from lack of knowledge of China, fear of the unknown. China has every reason to want SVM to go into production and do so successfully. Additionally, the CEO is a native born Chinese, and has previously put mines into production in China. Don't take this as choosing SVM over SLW. I hold both, and one shouldn't put all eggs in just one basket. SLW is the safest and surest way to play silver equities, SVM offers near term production of unusually rich ore grade. IMO, one should hold both.
Bullboard Posts