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Bullboard - Stock Discussion Forum 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... see more

TSX:SLW - Post Discussion

SILVER WHEATON CORP. > Leapfrogging can be fun
View:
Post by materialsgirl on Jul 03, 2016 7:52pm

Leapfrogging can be fun

Of course, it depends on who you are with.

In Asia, on Monday morning, while America drinks the weekend away, the price of silver is up 2% to $19.93 which is higher than the Friday close (North America time).  $20.00 may be a flash point but only time will tell.

This could be a week to remember.

My short term target for SLW is $40 Canadian funds.   Will it happen this week?

I have no idea,

mat
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