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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 MontyHighon Aug 02, 2008 11:51am
226 Views
Post# 15354274

FWIW, I Shorted SLW On Friday...

FWIW, I Shorted SLW On Friday...For a trade. A pretty small position (1000 shares).

Don't like the long term up trend line break down.

Don't like the high-P/E and overvaluation relative to SST.V and other silver producers.

Think the earnings disappointment will have the same kind of effect on SLW that they had on AUY (Yamana) and AEM (Agnico Eagle).

I'm willing to learn. Can you please post an intelligent bullish outlook for SLW based on fundamentals and comparables with other silver producers? Maybe I'll cover and go long if the case is strong enough.

As you can see, I'm someone who is trying to learn and not a basher. This should be a nice, slow-ball, fat pitch for SLW longs to restate what they like about SLW.

Finally, what's the best message board for tracking SLW. You'll have to intersperse spaces in the URL as stockhouse blocks references to their competitors (the error message says you've used profanity).

Thanks,

Monty
Bullboard Posts