Wheaton Precious Metals (WPM)

[mcokpba]

Wheaton Precious Metals (WPM) Stock: Flying On Tax Settlement

In a statement, Randy Smallwood, President, and CEO at WPM had the following to offer:

THE TERMS OF THE SETTLEMENT ARE AN EXCELLENT OUTCOME FOR WHEATON AND ITS SHAREHOLDERS… THIS SETTLEMENT REMOVES UNCERTAINTY WITH THE USE OF OUR BUSINESS MODEL GOING FORWARD AND PUTS THE TAX ISSUE BEHIND US SO THAT WE CAN CONTINUE TO FOCUS ON WHAT WE DO BEST: BUILDING AND MANAGING OUR HIGH-QUALITY PORTFOLIO BOTH ORGANICALLY AND BY ACCRETIVE ACQUISITIONS, AS WE DID EARLIER THIS YEAR WITH THE TRANSACTIONS ON VALE’S VOISEY’S BAY MINE AND SIBANYE’S STILLWATER MINES. WITH THE CLARITY PROVIDED BY THIS SETTLEMENT, I LOOK FORWARD TO OUR COMPANY AGAIN BEING VALUED SOLELY BASED ON THE VIRTUES OF ITS EXCELLENT PORTFOLIO OF HIGH-QUALITY ASSETS AND STRONG GROWTH PROFILE OVER THE COMING YEARS.

insert-text-here