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Wheaton Precious MetalsWPM.TOCOMMENTNov 05, 2014Stock 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.
Silver is not an area that he has invested heavily in, but tends to be more on the gold side. This is one of the few exceptions, but doesn't currently own it. Finds the drivers for silver seem to be dissipating.