Bill Harris, CFAWheaton Precious MetalsWPM.TOBUY ON WEAKNESSJan 27, 2014

Excellent company for gold exposure. Ranks 9/10 for portfolio. Bullish on gold outlook. Excellent fundamentals. Will continue to buy and hold. 

It's been sideways for a few years, but finding support at current levels. He sees lots of upside. He's been buying in three tranches. But if it doesn't rise, he will sell it. 

It should at least return to previous highs around $61, but possibly $70 if gold continues to do well.

World's premier precious metals company.
Less risk thank traditional mining companies.
High margins & diversified business.
Expecting gold prices to rise with weak US Dollar & lower interest rates. 

World's best precious metals company.
Leverage to mining upside.
Very positive view on high quality asset class.
$69 price target on share price.
Expecting further growth.
Gold is a safe haven against interest rate hikes.
High exposure to silver which is used in EV manufacturing.

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.