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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
Post by Keeeet123on Feb 20, 2011 11:31pm
650 Views
Post# 18167943

MFM

MFMMarafil
Some numbers for Marafil. I agree that Cream looks good to. 
20 Million market cap. 
10 million in cash and shares basically from deals they are owed or have. 
Large deposit currently about to be drilled by Nova Gold. Said could be as big as Penasquito.... Already been drilled with big numbers......... Nova is the king of finding big deposits.......... or one of them. This property contains Indium, silver, gold and the rest. 
Have a pile of potash leases near. Rio or vale huge mine in Argentina... Currently pending close of deal with sac energy to take over control of K2 potash project project..... K1 was sold to AAA... They also have K3 and K 4............. Sac has the right to take first offer on K3. More importantly the boys who were largely responsible for Anglo Potash that was bought out by BHP are joining the board of Sac Energy. They are also in process of raising 20 Million to fund it all. 
The San Roque property contains drill results very simular to Penasquito in Mexico based on drills to date.......... Maipu is said to contain 100 to 300 million ounces of silver also. 
Additionally the company has a 100 to 200 million tonne limestone deposit in Argentina............... 
On top of that a big Sulphur deposit as well..... Which is named Codihue....
If that is not good value for 10 Million I am not sure what is............. Nova has some massive reserves of both gold silver copper, and other.... Additionally they have other silver properties....... The nice part as well is they do not dilute the share base basically ever...... San Roque is mainly carried........ Potash is mainly carried................... 
Just thoughts.. Just I appreciate a good junior when they come around as they can be hard to find.. I do own a fair bit of shares and please do due diligence on your own but..... I am sure just a matter of time before more players like Sprott and other come knocking if shares stay at these levels................... 
I liked that the dilution is low.... The anglo guys  have a lot of credibility as well..
Bullboard Posts