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Silver Wheaton Corp. Message Board

  • rbgambler99 rbgambler99 Dec 9, 2013 3:04 PM Flag

    I see bankruptcy ahead for AXU...

    What will that do to the silver they were supposted to sell SLW at $3.90 an ounce? How many other deals like this will fall through because of the declining price of silver and escalating costs of mining it? Can SLW take over the mines? I will bet that there are any number of banks ahead of them in the que to recover lost investments....I see the lawyers getting very rich in the near future, and lower prices for SLW. Being a profit streaming company is great until the profit stops streaming, and the source of the profit goes belly up.

22.25-0.65(-2.84%)Jan 29 4:02 PMEST

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