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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. > Everyone knows that SLW is underpriced by 80%
View:
Post by materialsgirl on Sep 21, 2016 5:08pm

Everyone knows that SLW is underpriced by 80%

When compared to FNV that is.

But, pray tell ,,,

What happened today to give it such a positive jolt;  up 7% or 8%


?

mat
Comment by luther30 on Sep 21, 2016 6:22pm
Fed comments not to raise rates spiked gold and silver today.  Mining stocks, majority were in the green.  
Comment by materialsgirl on Sep 21, 2016 8:53pm
Yeah but. 1    Everyone knew that the Feds will not increase the rate during this decade.  The Feds just lie to us to camouflage the truth that the financial scene does not support a move.  This is well understood but some speculators go along with the game. 2    My question was not "why did SLW" rise today.  My query was why did it rise by so ...more  
Comment by luther30 on Sep 21, 2016 11:49pm
RGLD:US , TXG,  ABX,  AEM,  G, to name a few all rose roughly the same SLW  5-10%.