Pure silver play – Silver Wheaton

I wrote a while back about people who are bullish on silver. I would also like to invest in silver, but so few silver companies have financials I like; most are not profitable or just barely profitable. Anyway, it seems that another option is coming – Silver Wheaton.

You may know that Wheaton and IAG had been planning a merger which fell through. CDE is still trying to acquire WHT, but by getting rid of its silver WHT does two things:

1. They may convince CDE to leave them alone.
2. They create “the world’s only pure silver play”.

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