Wheaton Precious Metals Corp (WPM)

[rayank]

SLW a buy 2 articles: Conclusion "Thus, the weakness in Silver Wheaton's stock price this year is an opportunity in disguise for investors. The company will get better in the long run on the back of an improvement in the silver market's dynamics and its improving production. Moreover, since Silver Wheaton is a streaming company, it enjoys a low cost base, which will ultimately lead to a better margin performance when prices get better. Hence, in my opinion, it will be a good idea to buy Silver Wheaton's drop as the stock can deliver robust gains in the long run."
http://seekingalpha.com/article/3826776-silver-wheaton-buy-52-week-lows?auth_param=2jtbj:1ba3l3u:ab40ab22afbfe6fbed2a63a209459489&uprof=51
How Silver Wheaton is positioned?
"SLW stands to benefit from these developments. Its business model, wherein it enters into long-term silver and gold purchase agreements at fairly lower prices with global miners in lieu of up-front payments without owning or operating mines, allows it to keep operational costs under control. Also, it currently has 19 long-term purchase agreements. That should help the company as widely anticipated fall in supplies, will fetch higher selling prices in the long-term.

I also expect SLW's margins to get better in the mid-to-long term. It has a comparative advantage over the industry in terms of cash-costs.

Average cash-costs, costs without capital expenditures, administrative overheads and exploration costs, for Silver Wheaton is about $4 an ounce, while those of the industry is roughly $7 an ounce. I believe that SLW is one of the few stocks in the mining sector that are worth a look right now."
http://seekingalpha.com/article/3826766-silver-wheaton-worth-look?auth_param=2jtbj:1ba3ku7:e489378b8000f7d005ff7e3150f1d08f&uprof=51