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SILVER WHEATON CORP. T.SLW

Metals & Mining Silver
"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

SILVER WHEATON CORP.
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Comment by zentrarianNZon Sep 03, 2013 10:23pm
368 Views
Post# 21716400

RE:How long can they keep this down?

RE:How long can they keep this down?Probably not much longer, with the silver price starting to break out. We're already running ahead of the 1:1 ratio that the market used to use as a rough guide. Can you imagine where SLW would be at $150 silver, with 2 or 3 times leverage to the bottom line?
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