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More on Silver Wheaton (SLW) Q3 earnings: Silver equivalent sales a disappointing 5.1M ounces...

  • Monday, November 5, 2012, 7:31 AM ET
    More on Silver Wheaton (SLW) Q3 earnings: Silver equivalent sales a disappointing 5.1M ounces due to timing of deliveries, but are expected to be made up for in the future. Cash margin of $27.70, down 15% Y/Y. Shares -4.3% premarket. Keep an eye on the Silver Miners ETF (SIL), of which SLW makes up 13.26% of the holdings. (PR)
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    [...silver equivalent sales a disappointing 5.1M ounces due to timing of deliveries, but are expected to be made up for in the future...].

    Does it mean in simple English that someone owes SLW a certain amount of silver the delivery of which was scheduled for the Q3 but somehow got postponed until future Quarters?
    5 Nov 2012, 10:12 AM Reply Like
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