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Silver Wheaton Corp. Message Board

  • ch848932 ch848932 Apr 29, 2011 12:23 PM Flag

    When silver price flattens out companies continue to have profit

    If silver prices stay flat you won't be making any money holding silver itself.

    Companies on the other hand continue to make profits at current $48.75 silver as they pull it out of the ground.

    SLW has 1.6 billion oz. worth according to their annual report.
    1.6 billion x $48.75 = $78 billion.

    That's assuming they add 0 more contracts.

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    • Randy Smallwood made this exact point recently. How can these miners be properly valued while silver is in its current mode? It will take time for the broad market to understand that silver is for real. Right now bearish propaganda is winning. I believe silver will eventually stabilize at a very solid price. The miners will go much higher when the calm comes.

      It is only a matter of time. Those who sit tight will be well rewarded. You have nailed it.

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