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Silver Wheaton Corp. Message Board

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  • htiek_au htiek_au Oct 7, 2005 5:16 PM Flag

    Very nice move on silver ...

    Nice day today on silver and SLW leading up to the next quarterly report.

    I have studied SLW's silver sales strategy after each successive quarterly report (okay, there haven't been that many but we're building some history here). I had posted the following message on GG's board just after SLW's Q2 results. SLW has been selling Luismin silver in-line with the quarterly averages, so they are using a daily strategy. The Zinkgruvan silver sale price, though, is nicely higher than the average, so it appears they are doing some market timing.


    I wrote that post as a little insight into how SLW was managing their sales. That post only got 3 recommendations, but a post blasting jc for some obscure comment got 26 recommendations on the same day. Go figure...

    Sorry, I digressed.

    The ratio of Luismin to Zinkgruvan is about 3.6:1, so think of the Luismin sales as the cake and Zink as the 'icing.'

    Of course, this strategy could change at any time but it looks like it is working thus far.

    GL SLW and GG longs. Peace out.

23.95-0.34(-1.40%)Oct 26 4:02 PMEDT