Loading ...Think about this ,Silver Wheaton receives currently about 50 million ounces of Silver from its streams each year.
Do a little Math if you can…..What happens if silver goes up $1.00 per ounce when your income is 50 millions ounces per year ? Do you get it NOW ! what happens to their income if silver goes up $10.00 …..What happens if Silver goes back to its high lets say $45 X 50 million =2billion 250 million Dollars and the Cost of goods sold is 10 % ….It becomes 90 % PURE PROFIT ! about 5.00 /share profit x PE 25=127$ per share stock price …Who knows what the P/E would be for such a growth stock ?What if Silver goes to $ per oz 125 ?..=6billion 250mill =14.20 per sh earnings x =355$ stock price @25 pe….hehehehe Don’t ya just love MATH ?