Silver Wheaton (SLW) (Bulls Board) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Silver Wheaton (SLW) (Bulls Board)

SLW 20.91

+1.3%

May 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: rrm_bcnu	7/27/2005 1:07:21 PM
	of 106

Silver Wheaton Reports Record Second Quarter Net Earnings of US$6.7 Million Tuesday July 26, 5:20 pm ET VANCOUVER, British Columbia--(BUSINESS WIRE)--July 26, 2005--Silver Wheaton Corp. (TSX:SLW - News; AMEX:SLW - News) is pleased to report second quarter results, as follows: ADVERTISEMENT HIGHLIGHTS - Record net earnings of $6.7 million ($0.04 per share) from the sale of 2.7 million ounces of silver. - Record operating cash flows of $9.3 million ($0.06 per share). - Cash and cash equivalents at June 30, 2005 of $33.3 million. - The Company's shares began trading on the American Stock Exchange. - The Company is debt free, unhedged and seeking further acquisitions. "The Company had a spectacular second quarter," said Eduardo Luna, Chairman and CEO. "We expect to sell 10 million ounces in 2005 and we are following an aggressive growth strategy for the Company, which is the only pure silver mining company in the market." A conference call will be held Wednesday, July 27, 2005 at 11:00 am (ET) to discuss these results. You may join the call by dialing toll free 1-888-789-0150 or (416) 695-5261 for calls from outside of Canada and the US. The conference call will be recorded and you can listen to a playback of the call after the event by dialing 1-888-509-0082 or (416) 695-5275. A live and archived audio webcast will be available on the website at www.silverwheaton.com. Silver Wheaton is the only mining company with 100% of its revenue from silver production. Silver Wheaton is debt-free, unhedged and well positioned for further growth.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next