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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 Mustlovedogs01on Oct 02, 2024 10:07am
129 Views
Post# 36249847

416,000 Shorts added.

416,000 Shorts added.On Canadian Insiders site, WPM had some 416,000 thousand shorts added for the highest total short count going back, to what I checked was April.  Yet, analysts have an average stock price of $96 for WPM...hmm...something stinks in WPM ville!  I don't give analysts much consideration for my own reasons, but unless the shorts are bettting against the price of commodities...in their wisdom????  WPM is not modelled after miners, with some 30 or so employees it regularly swims against it self in a sea of successful miners thriving.  Smallwood doesn't command the respect of the market.  He is a dentist who fails to see the value of teeth.  WPM stock price seems scared of success as it consistently fails to rally and then maintain any follow thru.
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