Here's an article about one way to possibly calculate "Book Value" of Silver Wheaton or Sandstorm:
One way to value SLW
Thanks for posting this!
Thanks for this article.
The authors calculation seems fairly straightforward, though I have to admit I'm not exactly certain how the SLW model works. Since they agree to buy all the silver that's mined as a by-product, isn't the delivery of the cash flows somewhat uncertain?
If I read that correctly, he's suggesting the price of the shares are due for at least a 100% increase to fairly value the future silver flow of SLW.
And just imagine where these streamers will be when the sinister government PPT algorithm gets blown up!!!
Hint..... way, way higher.
As the great Mogambo always says... weeeeeee!!! This investment stuff is easy... Lol.