SILVER WHEATON CORP. T.SLW

Metals & Mining Silver

"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

SILVER WHEATON CORP.

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Comment by Baysarjon Mar 20, 2013 12:19am

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Post# 21154452

RE: RE: SLW: Is $65 A Share By 2023 Really Possibl

Expect over $100/share with silver over 60/oz. Costs are fixed and this company trades at roughly 20x royalties, which means north of $100/share if silver were to get to $60/oz and we produce 45m - 50m equivalent ounces.

I dont expect 60/oz any time soon, although it would be nice.

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