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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

Comment by Joseph_Kon Jul 08, 2015 12:14am
263 Views
Post# 23901640

RE:Ottawa Digging for Gold in Their Own Way

RE:Ottawa Digging for Gold in Their Own WayAs I see it, they are looking at a max of $350M in back taxes and penalties and an extra $30M in tax per year going forward.   Assuming you believe they will go after them for the next 5 years and assuming you believe the CRA will win the case for the first 5 years, and then the case for the next 5 years.

Doesn't seem like a valid reason to trim a billion in market cap today.  
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