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Silver Wheaton Corp. Message Board

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  • lemmeknow23 lemmeknow23 Jan 7, 2013 12:22 PM Flag

    erasing Pascua PONZI facts will cash deplete innocent SLW shareholders

    Abx's debt to equity is at 50...That is off the charts!!! That is not a healthy company...If and I definitely say "IF" Pascua project is pulled the stock will get smoked probably below 25 possibly lower.Then their underlying commodity which is predominately gold is stagnating or possibly sinking you have a potential for ABX to simply declare BK!!! I know that sounds silly right now but then again they simply dont have title to that mine or they would have produced to paperwork and been done with it.The company will not be able to service their debt if the price of gold drops to 1500 or lower!!! Either way IF Pascua is pulled SLW drops below 25 over night..............................

 
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