1. It's interesting that SLW now has more gold interests (2.3B) than silver (1.9B).
2.. They've doubled their gold/silver interest in March 2013. they are taking a big risky bet in the precious metals and the timing was just bad.
3. A lot of the valuations of their investment used on their book from Q1 are $25-$29 which does not reflect the real value. Whether they write it off in Q2 or not, the company is worth a lot less now.
If I had to choose, I rather buy the miner than SLW at this point.
Any insight on how streamers recoup the initial contract investment with mining companies? How is the ROI calculated and how is it represented in its financial reports? I hope it's not simply or purposely forgotten. Thx bunch. :)