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Bullboard - Stock Discussion Forum 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... see more

TSX:SLW - Post Discussion

SILVER WHEATON CORP. > We are exactly on pace to surpass $1b in revenue
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Post by materialsgirl on Jul 10, 2016 11:28pm

We are exactly on pace to surpass $1b in revenue

31 million ounces silver @ $20.70  = $641m  rounded
265,000 ounces gold @ $1,370      = $363m  rounded

Grand total                                    $1b

This revenue figure is for the next 12 months if current commodity prices hold.

A billion dollars in revenue.  We have never been there before
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SILVER WHEATON CORP.
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