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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

Post by materialsgirlon Jul 01, 2016 9:42am
160 Views
Post# 25015139

Motley Fool asks if C$40 is the next stop (june 30th)

Motley Fool asks if C$40 is the next stop (june 30th)https://www.fool.ca/2016/06/30/silver-wheaton-corp-is-40-the-next-stop/

Over time, my thinking is that C$40 and then C$50 will be mere temporary landing spots on the way to C$100 and then on to US$100.   We had $40 several years ago when the company was much smaller.

The business model is similar to FNV but it has numerous advantages including the fact that it has streams from bigger properties on average and the cost profile of these mines is awesome (lowest cost quartile mostly).

As soon as the tax overhang is gone we should get a double fairly quickly and that is without any commodity price increases (gold and silver)


mat

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