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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 v1proon Jan 21, 2006 7:33pm
151 Views
Post# 10220243

RE: Casey recommends SLW

RE: Casey recommends SLW"The company added to its $26-million in cash with another $100-million bought deal financing at $6.40. It offered no reason for the financing. But coming on top of impressive revenue flow, Mr. Casey figures an acquisition is in the works" Makes me wonder if they are sitting and waiting for the outcome of the IMR vrs AQI lawsuit over Navidad.As a pure silver deposit that has to be one of the best.SLW would never gamble on the winner but might come in bigtime if the court case is settled.
Bullboard Posts