50% off Premium Yearly
Wheaton Precious MetalsWPM.TODON'T BUYJan 14, 2016Stock 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 royalty and streamer on the silver side. It trades at a discount and there is a temptation to own it. He got out because of a potential CRA judgement that could be worth a $Billion. You don’t want that potential liability hanging over your neck.