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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 heyoou1on Aug 15, 2013 10:38am
291 Views
Post# 21672898

RE:Silver Wheaton down 50 percent in net earnings

RE:Silver Wheaton down 50 percent in net earningsit don't make sense to me either, especially with Silver and Gold sentiment at a low these days. Maybe this is a good sign that a recovery is about to take place in the PM sector as its been doing the last few weeks or so. More and more, the stock market is just another casino to me as nothing makes sense any more. Even more puzzling is Dow and TSX are down significantly today and yet SLW is up on bad quarter results.
Bullboard Posts