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Wheaton Precious Metals Corp T.WPM

Alternate Symbol(s):  WPM

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company is primarily engaged in the sale of precious metals, including gold, silver, palladium, and cobalt. It has streaming agreements for about 19 operating mines and 13 development stage projects. Its operating assets include Salobo mine (Salobo), Antamina, Penasquito, Constancia, Sudbury, Stillwater, San Dimas, Voisey’s Bay, Other Gold, and Other Silver. Its development assets include Blackwater Project, Marmato Mine, Copper World Complex, Goose Project, and Curipamba Project, and others. The Salobo is the copper deposit located in Brazil. Salobo is an integrated operation of open pit mining, mineral processing beneficiation, concentrate loading and transportation. The Antamina mine is a copper mine. The Antamina mine is located in the Andes Mountain range of Peru at an average elevation of 4,200 meters. The Penasquito is a gold mine and silver mine as well as the producers of zinc and lead.


TSX:WPM - Post by User

Post by BobTheKnob2on Jun 06, 2017 3:41am
802 Views
Post# 26328133

as they say - imitation is the sincerist form of flattery

as they say - imitation is the sincerist form of flatteryIn the news recently, there was a story about Cannabis Wheaton (notice the name, it was not accidental - as the saying goes, imitation is the sincerist form of flattery) and how the financing that they recently issued a press release about  fell apart under dubious pretences, with speculation that there was criminal offences involved.

The stock has been halted since the deal fell apart over the weekend. Leading up to that time, it is believed that in the last couple weeks a very high short on the stock was put into place (or at least that is the word on the street).

My point is, with the negative publicity there (V.CBW), has it affected the price here as a result (especially today when most other gold stocks have been up and this one has been down?
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