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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 Apr 04, 2017 5:44pm
559 Views
Post# 26076058

RE:RE:RE:Name Change

RE:RE:RE:Name ChangePoint taken, mat....But there is really no disagreement here: the point of diversification in this case is to enable growth of the company, which is no longer possible solely with silver streams. This is exactly what management has been explaining in recent interviews with people questioning the pending chnage in strategy and name.

My reply was in regards to why this is preferable to splitting the company into two parts. By keeping it intact, you are going to continue getting the benefit of silver's expected outpacing of gold, along with the added benefit of growth in streaming agreements that only gold will allow.

Two for the price of one, you might say.

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