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.