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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 zentrarianNZon Mar 25, 2017 12:32am
452 Views
Post# 26029730

RE:Name Change

RE:Name ChangeWhy would they spin out the gold streams?....The whole point of adding gold to the mix was to get some diversification and add to short/mid-term anticipated cash flow. It just wasn't working to rely solely on new silver streams anymore.

If you want more leverage than you get with SLW, there are plenty of good candidates out there. (I had a 6-bagger with AG in 2016, for example.)

If you don't like the way management is running a company you hold, why not take matters into your own hands and just move your money somewhere else? Sure beats complaining.



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