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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 DaMantison Jun 09, 2016 1:40pm
187 Views
Post# 24951341

RE:RE:RE:if you want to continue to hold slw

RE:RE:RE:if you want to continue to hold slwGMSR.

You don't understand how the share price of a stock works when it's tradded on two exchanges in two currencies.  The share price will track almost exactly, once you've adjusted for currency exchange.  

It's very differnt than a currency hedged ETF.

Once you've factored in exchange rates to move your money from one currency to the other, you will be loosing money on the trade.  There is absolutely no arbitrage oppertunity between SLW.N & SLW.TO for retail investors.

Do some research on how the markets work before attacking Mat, she does knows what she's talking about.

>DM
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