Silver Wheaton Corp. Message Board

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  • moses_on_wall_street moses_on_wall_street • Jan 7, 2013 11:29 AM Flag

    erasing Pascua PONZI facts will cash deplete innocent SLW shareholders

    The onus is still on Barrick to produce the contractually obligated silver and Silver Wheaton is not a party to any possible prosecution from all appearances. It seems that Barrick would have to buy silver or make "other arrangements" not to default on the contract with Silver Wheaton. My guess is that owing to there being no evidence of panic at SLW, that provisions for the situation must be at least under discussion.

    I am reminded of Shakespeare's comedic work, "Much Ado About Nothing".

    • lemmeknow23 lemmeknow23 • Jan 7, 2013 11:36 AM Flag

      If we were dealing with another company other than ABX I may feel comfortable about the premise of honoring their obligation however ABX has over 19 Billion in debt on its books...The stock may come under serious pressure and ABX may not even have the liquidity to satisfy all their commitments....Peter Monk is the biggest shyster in tow..........

 
SLW
22.91May 22 4:01 PMEDT