preachersb

The Silver Wheaton Valuation Method, Part 1: Valuing Impact Silver

Thankyou for showing us that silver wheaton's stock is greatly overvalued. Silver has no purpose. That is why companies sell it for $3.90 an ounce. They can't get rid of it. Silver wheaton's attempt to form a debeers or opec for silver hasn't worked. They cannot sell enough silver to make the whole thing work. That explains why goldcorp sold their 48% stake. NOTE: I do not believe silver wheaton can sell their silver at current spot or futures prices. The market is so thin. Any attempt to sell large quantities of silver would be meet with huge price drops. GOD BLESS Y'ALL!