Silver Wheaton Worth $40 On Fundamental DriversInteresting analysis on Trefis. Even is silver prices don't go up for awhile, they're still indicating the stock is worth $40: After witnessing spectacular growth on the back of skyrocketing silver prices prices in past two years, Silver Wheaton (NYSE:SLW) has seen its stock struggling in the low $30's, perfectly in line with silver prices, which also have dwindled to about $32 per ounce from a high of about $49 per ounce in last April. However, the silver prices may continue Silver Wheaton, the world’s largest silver streaming company, purchases silver from mining companies that produce silver as a by-product. Silver Wheaton competes with silver manufacturers like Silver Standard Resources (NASDAQ:SSRI), Pan American Silver (NASDAQ:PAAS), Bear Creek Mining Corporation (CVE:BCM) and Endeavor Silver (NYSE:EXK).More here:http://www.trefis.com/stock/slw/articles/112599/silver-wheat...MajorBobLong SLW (and several other silver stocks, just wondering when inflation will kick in and drive all of it much higher ;-)
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