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Wheaton Precious Metals Corp T.WPM

Alternate Symbol(s):  WPM

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. It has entered into approximately 38 long-term agreements (30 of which are precious metal purchase agreements (PMPAs), three of which are early deposit PMPAs, and five of which are royalty agreements), with 32 different mining companies, related to precious metals and cobalt relating to 18 mining assets which are operating, 23 which are at various stages of development and four which have been placed into care and maintenance or have been closed, located in 16 countries. Its portfolio includes operating mines, and development projects & other. Its mineral stream interests (gold) include Salobo, Sudbury, Constancia, San Dimas, Stillwater and others. The Company's mineral stream interests (silver) include Penasquito, Antamina, Constancia and others.


TSX:WPM - Post by User

Post by BobTheKnob2on Jun 06, 2017 3:41am
807 Views
Post# 26328133

as they say - imitation is the sincerist form of flattery

as they say - imitation is the sincerist form of flatteryIn the news recently, there was a story about Cannabis Wheaton (notice the name, it was not accidental - as the saying goes, imitation is the sincerist form of flattery) and how the financing that they recently issued a press release about  fell apart under dubious pretences, with speculation that there was criminal offences involved.

The stock has been halted since the deal fell apart over the weekend. Leading up to that time, it is believed that in the last couple weeks a very high short on the stock was put into place (or at least that is the word on the street).

My point is, with the negative publicity there (V.CBW), has it affected the price here as a result (especially today when most other gold stocks have been up and this one has been down?
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