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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 bob4977on Apr 16, 2013 10:58am
311 Views
Post# 21258801

RE: RBC Analysis

RE: RBC Analysis

With all this blood in the streets its hard to press the buy button. I am almost out of cash but I bought some SLW with what I have left. I got it at $24.52 and it seems too cheap to pass up. At this point, one must realize that if the gold price does not rebound soon there will be casualties. Mines will have to close and bankruptcies or forced sales will occur. The good news on SLW is they are not in that category.

Bob

Bullboard Posts