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Macquarie upgrades Silver Wheaton (SLW +1.5%) to Outperform in the wake of lackluster Q1...

  • Wednesday, May 16, 2012, 11:29 AM ET
    Macquarie upgrades Silver Wheaton (SLW +1.5%) to Outperform in the wake of lackluster Q1 earnings and a stock slide of more than 30% in three months. The firm notes SLW ended the quarter with $1B in cash and $400M in available credit, putting the miner in position to acquire additional silver streams at accretive levels as alternative forms of financing become harder to obtain.
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This news story has 6 comments:

  •  
    Hey.....why doesn't SLW go corner the market on silver. That would be cool. Let's see....with a billion they could place an order on COMEX for delivery of 35 million ounces and take the silver in the COMEX warehouses. Neat !
    18 May 2012, 06:57 PM Reply Like
  •  
    WMW,
    Then we would find out for sure how much unencumbered silver they had.
    18 May 2012, 07:01 PM Reply Like
  •  
    Yea baby.....

    You think guys at places like SLW actually think about things like that? I wonder?

    Did you see the un-redacted files that accidently got released in the JPM - Overstock.com case on naked short selling that blatantly admitted that JPM engaged in naked shorting?
    18 May 2012, 07:11 PM Reply Like
  •  
    WMW,
    i hadn't heard about that. Is the CFTC including that in the ongoing silver investigation? No wonder that is taking so long, they had to start over.
    18 May 2012, 08:31 PM Reply Like
  •  
    Here's the article.

    http://bit.ly/JTk7c9
    18 May 2012, 10:54 PM Reply Like
  •  
    Thanks for the link. It needs a lot more press coverage.
    19 May 2012, 02:03 AM Reply Like
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