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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 doomz78on Nov 05, 2013 11:22am
267 Views
Post# 21877517

RE:RE:RE:Silver Wheaton expands precious metal stream...

RE:RE:RE:Silver Wheaton expands precious metal stream...
sooo.. 135 million to make 200 million at 1400 gold.  Not what the streams used to be.  At 2000$ gold 320 million. 

I guess still decent.  Maybe they are doing hudbay a favor.  Or maybe the life of mine will be extended.  16  years may be 22 years when its all said and done.  Or maybe the ounces will be larger and longer.  As per every other stream.  

1.5% adition to net income.  per year.  With avg price of gold of 2000$.   Im neutral on this deal to be honest.  And someone has gold capped these days.  Lets see and I hope Im wrong.
Bullboard Posts