Short term forecasted ounces down, but on a forecast of 2k gold and $23 silver - I like the maths and still adding at these prices. |
Very tempted! |
Adding today then surely Gateside?! |
Looking to add here on any weakness of the share price |
A lovely quiet board - for a 20 Billion dollar company with only 40 employees. Sleep well owning this one. |
Hello everyone,
Nice to see a quiet board.....how are the medium term prospects here?
The price action since the last post (5/10) has been quite muted, do you think it will achieve the forecasts..?
Merry Christmas all. |
Investor Meet Company presentation from yesterdayhttps://youtu.be/jOtIs1fh3Os |
Bought another chunk today at low $33. Will continue to add if/when it goes lower. |
Berenberg Bank analyst Richard Hatch maintained a Buy rating on Wheaton Precious Metals (WPM Research Report) on July 7 and set a price target of $49.00. The company's shares closed last Wednesday at $35.05, close to its 52-week low of $33.86. Currently, the analyst consensus on Wheaton Precious Metals is a Strong Buy with an average price target of $53.98, implying a 57.1% upside from current levels. |
Bought a good chunk of these at US$35.50 yesterday. Impressive growth profile - potentially eclipsing 1m oz in the next 5 years. Top tier management with a huge cash pile ready to deploy into new deals. |
Recording from an investor webinar last week:
hxxps://youtu.be/4Y4CxuNaCU4 |
Like other streamers, they'll pay a % of spot for the supply, then sell them into the market. For example, they'll have an agreement where they pay 20% of the spot silver price for an agreed number of Oz. They'll then sell that silver at the prevailing spot price, thus locking in an 80% margin. |
Here's a new pitch video from CEO Randy Smallwood. Lot's of popular mining companies on this channel so worth subscribing:
Sorry reposted as link was incorrect! |
Here's a new pitch video from CEO Randy Smallwood. Lot's of popular mining companies on this channel so worth subscribing:
hxxps://youtu.be/UYCFFYfftrQ |
I bought in for the first time about 3 weeks ago. During my research I think I remember the company saying that they never held on to the metals for investment purposes, instead they sell them into the market as they are received. Have I got this right? |
No brainer with silver running again |
The Mello Gold event can be viewed in full here.... |
If you look at the recent period when silver averaged about $1 higher than it is now, roughly between 4/8 to 19/09/20, the price of WPM averaged about $53, now it is only $43. Seems a really big difference for a much smaller difference in silver. |
You can get the wpm to silver ratio off this site
H
you'll need to put
wpm:$silver in the symbol box
You can see we're at the lowest ratio since march so if silver goes up from here wpm should do really well. |
 Just to let you all know that Randy Smallwood will be presenting for the Wheaton Precious Metals at our MelloTuesday 'Investing in Gold' webinar next week.Wheaton PM will be one of four companies taking part and the presentation plus Q&A will be 30 minutes. The event runs from 6pm to 9.30pm and there are some highly respected fund managers, investors and analysts taking part in panel sessions and providing presentations.
We will look at Gold as an asset and how to invest in it covering everything from buying gold coins and bars through to stakes in gold producers paying regular dividends. We will also cover ETFs, gold indexes, gold exploration & mining companies and investment funds and feature a number of presentations
If you would like to attend then use this code for a discounted ticket MTGOLD and the price will be reduced by 66%. All our Mello annual pass holders are able to attend as a bonus event and we expect to have over 400 on this webinar but if you have questions then the presenters always agree to provide answers the next day on our website if they remained unanswered on the evening. |
The UK listing has happened, so we're trading here today. Pity the gold & silver prices aren't helping at the moment. |
Very interesting interview. |
I have been - but just switched into HCL & CDE for faster ride on rising silver/gold |
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