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Silver Wheaton Corp. Message Board

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  • bluvit74 bluvit74 Jan 8, 2010 2:40 PM Flag

    Why is the P/E so high?

    rim ... that is a plausible argument BUT (P.M.'s) are a hedge against the house of card economy rather than a fad. When I first got here around 11 I was thinking the same as you ... now i realize that SLW Green = Common sense gaining some traction. SLW is widely considered the best silver play. Why ?? I have no F'n clue! ..but I believe this story is just beginning. Jump on with a tight stop ..if your nervous. Or you could buy Google ..I hear they have a new phone. Just turn on the news ..they'll tell you all about it. GL2u

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    • the reason slw is considered the best is because not only the acquisition cost per ounce low it is locked in by contract, unlike the miners themselves who are subject to changing mining prices due to anything.... strikes, corporate bungling, machinery problems, the list goes on.

    • Like your humor...

      My business is not really in silver anyways. No need to fight the trend. Too many people pumping it (as you mentioned hedging against economy). Unfortunally I don't believe this trend anyways. I'll stay out of this. Best wishes to you guys.

      Friendly Google here I come.

24.33-0.08(-0.33%)Oct 21 4:02 PMEDT