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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 Mar 04, 2006 2:36am
187 Views
Post# 10461132

RE: Well yes, SLW is a sort of silver ETF but

RE: Well yes, SLW is a sort of silver ETF butgawilsonl kind of right but SLW is not the producer.A lot better to let others take the mineing risk.I think SLW is genious take the byproduct silver at a fixed price and sell at market.As for BCM I thnk thy will let others mine and market the silver.Owning SLW is better than owning the ETF in my opinion.
Bullboard Posts