Wheaton Precious Metals Corp (WPM)

[Tommy]

$SLW - Silver Wheaton: A Buy Even With Lower Realized Prices And A Billion Dollar Debt

http://seekingalpha.com/article/1469801-silver-wheaton-a-buy-even-with-lower-realized-prices-and-a-billion-dollar-debt?source=email_rt_article_focus_0

... "The above analysis reveals that Silver Wheaton Corporation is a solid company on the debt side. It has significantly increased its debt levels over the past year but all of the ratios imply that the company is not "over-leveraged" or currently in any financial distress. Currently, they have a couple of forces working against them. They must payoff a billion dollar debt that they accumulated in the recent Vale S.A. deal and they must do this with lower realized silver and gold prices.

On the positive side, they have an excellent growth profile. As Silver Wheaton is looking to increase production by over 80% in the next four years, this should create shareholder value in the long-term.

Based on the chart above, the stock is currently on a strong downtrend. I believe patience is needed at this point. When the commodity prices finally find a bottom and when the stock price matches that movement and ultimately begins break to the upside, it should prove be an excellent opportunity to invest in a company with an excellent growth profile." ...