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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 Kruzer70on Jun 06, 2006 4:20pm
187 Views
Post# 10953721

RE: Is there light at the end of the tunnel?...No

RE: Is there light at the end of the tunnel?...NoSilver itself looks weak for the next little while. With the last couple of days closing below $12.00. The neck line on a double top or head and shoulders pattern has been broken. If this is not a fake out, this patter indicates a target of $9.00 for sliver though $9.50 may be more realistic as it is the 200dMA.
Bullboard Posts

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