Wednesday, March 10, 2010

Silver Wheaton (NYSE:SLW) Continuing Spectacular Growth

Silver Wheaton Growth to Continue

Silver Wheaton (NYSE:SLW), even after a fantastic increase in silver production in 2009, doesn't show any signs of slowing down too much, as the company could enjoy growth in the 35 percent range for 2010.

Assuming they reach their goal, which they are likely to, Silver Wheaton will grow to 23.5 million silver equivalent ounces. By 2013 the company wants to reach 40 million silver equivalent ounces.

Silver Wheaton can just about do what it wants in reference to growth through acquisitions, as its cash flow, cash reserves and credit line of $400 million give them a strong liquidity foundation to work from.

Silver Wheaton Growth to Continue

No comments: