RE: RE: RE: RE: Silver Wheaton acquires gold strea so 110 000 of gold per year for 20 years at 400$/ounce.
Assuming avg gold price of 2100$....lol who knows. It could be at 1600 or 4700$.. No one really knows.
So 3.7 billion dollars. minus 1.9 billion dollars initial investment=
1.8 billion profit. With no exploration success and a rather avg. and contained gold price.
I think it's a good deal. Hell they could hit 2-4 billion profit with some expansions and what better company then the goliath VALE?? For future expansion. Overall a very smart stream IMO. Showing the value to the big boys.
Now Am I an idiot?? Why do I not get the warrants part of the deal? Im new at warrants. sorry.