Recent

% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

  • allwaysonthebid allwaysonthebid Jul 18, 2013 8:57 AM Flag

    Keno Hill District mine coming offline, Alexco

    announced it is shutting down production by october and is going to wait for a higher price, The Keno hill district provides Wheaton with roughly 500,000 ounces a year at 3.90 ... Unfortunately this source will be closing until prices support its costs.... Wonder if this is priced in to SLW price ? i am long and want to continue to add and will do so on pullbacks...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • There may be others, I'm afraid, that will negatively affect SLW's income...I love this company and its
      income stream, but if they have similar contracts with more small miners like AXU, that income source can come to a halt if the demand/price of silver continues to decline, or even remain at this level for any length of time...not trying to cause trouble here....I'm just say'n.

 
SLW
13.11-0.09(-0.68%)Jul 30 4:03 PMEDT