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Bullboard - Stock Discussion Forum 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... see more

TSX:SLW - Post Discussion

SILVER WHEATON CORP. > SLW is trading at a measly 50 times earnings
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Post by materialsgirl on Jun 30, 2016 2:27pm

SLW is trading at a measly 50 times earnings

A lesser company by scale, FNV, is trading at 125 times earnings.

Even adjusting for the tax case going against them we are tradinf at only half FNV multiples.

This is crazy crazy crazy

We are a tipping point where smart fund managers will sell a great company, FNV, in order to buy a different great company at half price.

Peo[ple who are into shorting should short FNV and buy SLW


FNV is about 60% gold and SLW is about 40% gold and nearly 60% silver.


I have no prediction about where share prices will go but I think that it is 85% sure that SLW will ourperform FNV over the nest 4 years.

This comment is not intended to be negative about FNV.  FNV is a fabulous company. Everything about FNV is fantastic except for the fact that it is selling for 125 times earnings at current.
commodity prices.

Bargains like SLW only exist because of the overhang of the CRA.  Grab it while you can.

mat
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