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Silver Wheaton Corp. Message Board

  • westsalida westsalida Sep 8, 2005 12:52 PM Flag

    from bcm stockhouse board

    see BCM board on stockhouse for rest of article "TD post" since yahoo csers won't let me post link.

    Gold in its sights
    Wednesday, September 07, 2005
    Paul Sullivan




    VANCOUVER (GlobeinvestorGOLD) - All that glisters is not just gold. Sometimes it�s silver.

    On that premise, Silver Wheaton Corp. is built. The Vancouver-based company bills itself as the only mining company in the world that gets 100 per cent of its revenue from silver, as if that�s a good thing. Maybe it is. Silver is trading over $7 (U.S.), carried on the back of soaring gold prices, caused mainly by anxiety over the devastation caused by hurricane Katrina. And Silver Wheaton�s numbers look good - net earnings for the second quarter, ending June 30, 2005 were $6.7-million or 4 cents a share from the sale of 2.7 million ounces of silver.

 
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