5 Best Shipping Stocks To Own For 2015

5 Best Shipping Stocks To Own For 2015: Silver Wheaton Corp(SLW)

Silver Wheaton Corp., together with its subsidiaries, operates as a silver streaming company worldwide. The company has 14 long-term silver purchase agreements and 2 long-term precious metal purchase agreements whereby it acquires silver and gold production from the counterparties located in Mexico, the United States, Canada, Greece, Sweden, Peru, Chile, Argentina, and Portugal. Silver Wheaton Corp. is headquartered in Vancouver, Canada.

Advisors' Opinion:

• [By Doug Ehrman]

  It is no secret that precious metals companies have been taking a pounding for some time now. The SPDR Gold Trust (NYSEMKT: GLD  ) and iShares Silver Trust (NYSEMKT: SLV  ) , the gold and silver ETFs, have been hard hit and operating companies like First Majestic (NYSE: AG  ) and Barrick Gold (NYSE: ABX  ) have been hit even harder. Through all of these struggles, and in some cases because of them, one precious metals company continues to look attractive for the long term: Silver Wheaton (NYSE: SLW  ) .

• [By Itinerant]

  Barrick Gold also has obligations to pay Royal Gold (RGLD) a royalty on some of the precious metal output from the mine once operational; and more importantly, the company has given a completion guarantee to Silver Wheaton (SLW) as part of a deal that saw Silver Wheaton contribute $625M towards capex in 2009 in exchange to buy 25% of the produced silver for a discounted price of $3.90. If the mine is not completed by December 31, 2015, then Silver Wheaton has the right to ask for its money back. Silver Wheaton will be thinking of ways to manage its share of the disaster as confirmation has now been given that Pascua-Lama will not be completed by that dead line. For the moment, Silver Wheaton has extended the deadline by one year to December 31, 2016, and has reduced the guidance for 2017.

• [By Sean Williams] !

  In August, silver royalty interests company Silver Wheaton (NYSE: SLW  ) and HudBay agreed on a long-term contract that will supply Silver Wheaton 100% of HudBay's Constancia and 777 mine silver at a discounted price of $5.90 an ounce, as well as 100% of the gold production at its 777 mine at a discounted price of $400 an ounce until at least 2016. In return, Silver Wheaton injected HudBay with $500 million immediately to complete its Constancia buildout, with two additional $125 million payments to follow if certain measures are met by HudBay. The end result should be a win-win for both companies, with Silver Wheaton securing another long-term royalty stream and HudBay remaining healthfully net cash positive and profitable.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/5-best-shipping-stocks-to-own-for-2015-2.html