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Silver Wheaton Corp. Message Board

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  • hailurban hailurban Feb 6, 2013 2:22 PM Flag

    When silver tanked a few years back

    Precious metal investing is risky. Obviously, the company thinks the price of gold and silver are on the rise long term. $400 per oz gold is cheap now and will be real cheap 3-5 years from now. Average cost to mine gold is around $1400 per oz. I agree with Jim Sinclair that gold is moving towards the money system, not away from it. This new stream will pay very well for many years to come. Keep in mind that Randy Smallwood has stated a goal for zero cash on hand.

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