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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 presto10on Feb 21, 2007 9:39am
353 Views
Post# 12277350

RE: SLW Article

RE: SLW ArticleI listened to the CC last night and there was plenty of ?? regarding the lax share price. Owners of silver companies have very high expectations! For sure SLW has lagged the other big boys like SSO and PAA recently. Dave Burroughs was asked about SLW and he said he didn't like the charts, on Mkt call last night. Conversely, I look at the chart and I agree w/ the recent posters - this one looks like a coiled spring! Now, I'm not trying to be a j*rk or am picking on DB because I could not give a frig what he said; except that his style has not yielded great returns and if memory serves was quite a bit below the TSX last year. You can't make money being stopped out all the time and buying into the top cos in the best sectors AFTER the move has been confirmed. This is guaranteed mediocrity, imo!
Bullboard Posts