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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 thebeek02on Sep 22, 2012 1:39pm
159 Views
Post# 20400958

RE: RE: Zen's SLW prediction.

RE: RE: Zen's SLW prediction.

Excellent back of envelope.

I've been compressing the time frame for pog and pos to 2 years or even possibly end of '13 relative to obligations to the middle east, which are incessant, despite growing public awareness to how it's killing the reserve currency (ies).

Gold at $22- 2400. Silver busting out of the $50 range to $60+. A double and a half to a triple for likes of wheaton, as well as sandstrom within18- 24 monthes, from Present sp.

Just watch what happens when SLW breaks $40 resistance as pos climbs past $35.  6 weeks or so  ago they were par at  $28.

Bullboard Posts

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