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No. of Recommendations: 4
From SLW's site:

-SLW met the consensus of .41 cents a share earnings and missed by a bit on the top line.

-Avg realized SEO price for Q4 was 32.12. For the yr, was $34.65

-Announced that the quarterly dividend per common share will be equal to 20% of the cash generated by operating activities in the previous quarter divided by the Company's outstanding common shares at the time the dividend is approved, all rounded to the nearest cent. That makes the Q1 dividend, .09 with a record date of 4/4.

Much more important for current investors is the outlook, including these points:

-The Peñasquito mine is forecast to achieve full production capacity of 130,000 tonnes per day by the end of Q1 2012

-Pascua-Lama project remains on track to commence production in mid-2013, which will contribute an average of 9 million SEO annually to Silver Wheaton over the ensuing five years.

Another figure I watch is one they just started publicizing last quarter:
"Payable silver equivalent ounces produced but not yet delivered to Silver Wheaton by its partners increased by over 300,000 ounces in the fourth quarter, resulting in a total of approximately 4.1 million payable ounces at December 31, 2011."

This overhang has been growing for several years and will make its way to the market over time.
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