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Wheaton Precious MetalsWPM.TOBUY ON WEAKNESSOct 15, 2012Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
He bought them a long time ago and sold with profit. They would be in the same class as Franco-Nevada. WPM is not going to finance anymore. The cashflow is what it is and there will be little upside since it is a royalty company. He would prefer Franco-Nevada. He would look elsewhere where you can get appreciation.
A leveraged play against silver. He is wildly bullish long term on precious metals but they will be volatile. It is a range trader but he thinks it will break out soon. Buy into the pullback here but you have to be comfortable with 15-20% volatility.