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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 jims101on Nov 03, 2013 3:10pm
331 Views
Post# 21872445

RE:just an idea

RE:just an ideaI think Silver Wheaton and First Majestic ought to create a trust into which they put all the silver in excess of that which needs to be sold to meet expenses. Over time the value of the companies the value of each would be increasingly linked to the size of the trust and the value of silver, bove ground...As you say, just an idea, but it would have the affect of keeping silver off the market, saving it for shareholders for higher prices.
Bullboard Posts