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Silver Wheaton Corp. Message Board

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  • riterifff28 riterifff28 Jan 4, 2013 12:34 PM Flag

    For long term holders

    Ive been holding SLW from the low 4 region.....I have completely unloaded all of my SLW...I have done extensive research on their stream at Pascua Lama from Barrick.That stream is the reason SLW has a premium in the market currently....Barrick DOES NOT OWN PASCUA LAMA...Barrick has halted all work at that mine currently do to their inability to convinve/bribe the Chilean court otherwise...Without Pascua LAma in SLW growth projections this stock isnt worth more than 25 and if silver does drop to 20 which I beleive is comming very soon then SLW is worth no more than 18 at best......I have held silver/gold bullion for over 15 years and will continue to hold while shorting SLV/GLD...The paper is not a play on silver and gold.....

    • "if silver does drop to 20 which I beleive [sic] is comming [sic] very soon then "

      Judging by your grade school drop-out facility with the English language, I'm assuming you're the same Looney Tunes who spends 24/7 swamping the Barrick message board with lies and fabrications. You seem to think people are going to be guided in their investments by a raving lunatic (with apologies to Jim Cramer who patented the concept). Why not find something productive to do, like cleaning up your cell?

    • One other thing. Did you even graduate from High School? Doesn't look like it from the way you write.

    • "Barrick has halted all work at that mine currently do to their inability to convinve/bribe the Chilean court otherwise."

      This statement is false.

      I lived in South America for three years up until last November. The property rights issue you are bringing up is laughable. In South America, money talks, period. Bribery is a way of life. Everyone knows it. In 2011, I spoke to a major labor politician from San Juan, Argentina in Montevideo. He said these issues you bring up are a joke, and not even discussed in any kind of seriousness. ABX is not going to lose 8 billion dollars to a couple of twerps. It is obvious that you know nothing of how things work in South America.

      With regard to ABX, they are under new management as of last year, and are making significant changes to their operations and structure. Also, Silver Wheaton will get all of its investment back minus payed out metal in the event of project failure.

 
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