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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

Comment by george2010on Mar 25, 2020 9:25am
140 Views
Post# 30844864

RE:RE:Question

RE:RE:Question

materialsgirl wrote: Force Majeure does not apply.
In nearly all cases they only get a share of what is produced.
If a mine is shut down WPM gets zero gold or silver.
However, let us say that a mine has a 10 year life.
If we get zero precious metals for 6 months the metals
will still be in the ground and it will be 10.5 years from now 
before the ore body is mined out

mat


Sorry mats but I disagree... any shutdown is going to affect share price, just like when production is delayed at any mine... the mine still has the minerals but the share price can goes down until money starts rolling in again from that mine.

WPM recently a few quarters had a disruption and the price went down... people are goin to bail if mines can't deliver due to shutdowns.
 

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