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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 StockMagicianon Mar 24, 2017 1:30am
633 Views
Post# 26024122

Name Change

Name ChangeI'd prefer that they spun out Silver Wheaton and just called the slightly larger part of the company Gold Wheaton.

I used to like SLW because of it's volatility to moves in the price of silver.   We all know silver jumps around much more than gold.   Most would agree that silver is due for a larger % move higher than gold in both the short and long term.

Thoughts?

I'm just not as interested in the 51% gold half of the company.   Maybe wait until this tax problem is sorted out, then split the company down the middle.
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