... and headed to $20/oz this year, does anyone feel SLW's foreward guidance will be anything other than spectacular....
My feeling is that SLW's foreward guidance will trump their earnings report, for the PAST QUARTER...A minute after "the past quarter's earning's announcement", that "NUMBER" will be OLD NEWS (albeit good news)...FOREWARD GUIDANCE, given the "doubling" of the silver sales they'll experience, via contracts w/ miners + the rise in silver prices...well, take Yahoo's "static" valuation numbers and divide by 4 ... you'll get a much better idea of what you're investing in today...and why you should do so.
FOREWARD GUIDANCE....after the close....and we "rocket" to $13-14 / sh within a week.
... with SLW obtaining silver from Luisman (Goldcorp) under a long term contract, at $3.90/oz ...FIXED COST (!!!)...and then be able to turn around and sell it for $14+(now)....."hellooooo Einstein....come in Einstein !! Earth to Einstein...over"....and as silver has risen, ALL THE PRICE RISES HAVE BEEN "TOP LINE GROWTH"...with FIXED COSTS...."Einstein?...you there?...come in, Einstein!?"
Now, for those who wonder why the "H" Goldcorp ever made such a move (to "give" silver to SLW at $3.90/oz...to sell)...well, GG got it's own "deal"....i.e. they hold 62% of SLW stock...SLW is (basically) GG...and as the corportae rep emailed me, in a response to an email I sent awhile back, GG wanted to "unlock" the value of their silver reserves, and "participate" in their silver holdings via SLW share price appreciation...i.e. as SLW makes money on their silver sales, hand-over-fist, SLW's share price will rise...and GG's 110 million+ SLW shares will ALSO rise in value.
whoooooooo...there ya go...now, let's light the fuse on this stock, one minute AFTER THE CLOSE...AND HAVE A BOOMING "TOMORROW"...EOM
Another point to consider, which also bodes well for future guidance, is that this board collectively seems to think that production will be around 3M oz. this Qtr. If the annual number of 15M oz. is to be reached then that means future qtrs. will be closer to 4M oz. at higher silver prices. This is VERY good news.