Quote:
Originally Posted by highfive
If you are saying you wouldn't be able to build another Silver Wheaton. If we go in now, wouldn't we be buying into a speculative silver related stock?
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I'm not saying to buy Silver Wheaton, look at its chart for the past year. They've done numerous things since then so they're stock price will keep increasing so long as silver prices remain at current levels. There are other companies out there that mimic their business model and one should look into it. The investment is relatively safe, you're not running/operating (therefore you have no exposure to labour strikes, robberies or expropriation) the mine as you only provide capital to put the mine into development and you are repaid with actual production which you can hoard or resell on the spot market. In essence, you're the money man and we all know this is a very highly coveted position. Even the contracts they sign with you take the risk out of things.