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Wheaton Precious MetalsWPM.TOBUYNov 20, 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.
Is as close as you are going to get to playing off a pure silver trade. He gets nervous when this one gets some big down days. In an aggressive portfolio he would not be afraid to take a position and hold it into the new year. The silver trade should technically be over, but this one looks like it will really move into the March area.