RE:RE:Will Silver Wheaton Continue To Recover? (Seeking Alpha)
That article showed a rise in silver production in Q2 2013, not a drop. His logic only makes sense if that happens. A rise in silver production plus the new gold production would make up for the drop in per oz revenue. He contadicted himself on that. He said he expected silver production to go down in Q2 and then his chart showed a rise. I expect the gold production increase will mitigate the loss in silver revenue to a large degree but we would only see revenue increases over Q1 if we had a large increase in silver produced.
I would assume our earnings will be down a bit but not by the same magnitude as most producers.
Bob