when silvr wheaton cuts a contract, with a mine to be paid back in silver or gold; that is col; but for the life of the mine. under stood. what happens if the mine company gives up and closed down the mine? or is bought out by another mine company?does slw then have to sue? just wondering how solid these deals really are
Commodity price weakness isn’t new news, and tends to go hand-in-hand with a strong dollar .
opportunities = earnings... will patience will be rewarded?
BNN article “I’ve never seen a time as busy as this, where we have so many opportunities,” Smallwood, who is also one of the company’s founders, said on Wednesday in New York. “They are good quality assets with top-tier companies.”
imagine sticking the shareholders for 900 million bucks as a gift to vale. I say gift because they will probably not even get a return on that investment. They don't even have to guarantee anything in amounts to be delivered to Silver Wheaton...... that was a stupid deal and the market punished the stock and us investors...
SLW is no WebVan. SLW has strong balance sheet and will magnify any rebound in precious metal prices by its streaming strategy. Not likely to go bankrupt as demand for silver (and gold) for electronics and solar will need to be met going forward. Mobile grocery delivery was pie in the sky. I believe SLW will pop to the $20-22 range by year end.
This will take the bank down that is foolish enough to keep investing like that.Diluting their shareholders in order to finance share of mined products that will not come to fruition because the mines will close. BK could happen to SLW.
I don't know of any reason to believe that gold, silver will appreciate in the near future.Haven't you read the news out of China? Dollar appreciates because their exports are hurting. They haven't been buying as much gold as people thought and with their economy slowing industrial use of silver is going to suffer. India.....well, I don't think they are in position to be hording expensive things.Big gold holding countries who depend on oil are looking to dump gold for currency to pay bills....no reason no reason at all to believe this crash is over........no it might go to 500 bucks and ounce for the bullion.
CASH? you don't need cash when you have gold and silver. You don't think the gov will take some gold!!??...in fact...I suspect the timing of the audit was lined up with central banking insiders who know the bearish gold trade is near its end and want to buy in without having to buy in.
WARNING: another typical BEAR MARKET contrived DEADCAT BURP, solely to SUCKER amateur DUPES into buying even more WORTHLESS silver/gold CALL options!!! BEWARE!!
Tried to warn my POOR sweet amateur silver/gold SUCKERS and BORN LOSERS, again:
NO FLIGHT TO SAFETY value = WORTHLESS WORTHLESS WORTHLESS!!!
MASSIVELY BEARISH trading action in ALL the FATALLY WOUNDED silvers and golds.....look for a PANIC SELL CRASH to massacre SLW mega bubble at any moment...much DESERVED!!!!
gold and silver are very inverse to the Dow....if you think stock market will correct and perhaps a bit of sector rotation PMs and commodities looking very good here...shameless pumping I know, but all the negativity last two years has made for some very cheap stocks of companies that have been forced to run a tighter ship...that's good renewal for the business cycle. Pick the winners though. Good luck.
wow, what planet do you live on . LOL tax problems already stated 156 million possible payout on back taxes....well priced into share price three times over. At current silver price this should be at $15 and I suspect will be there by Friday.