Silver Wheaton Corporation
Silver Wheaton is the largest public mining company with 100% of its operating revenue from silver production. Silver Wheaton expects, based upon its current contracts, to have silver sales of between 13 million and 15 million ounces in 2008, increasing to 19 million ounces in 2009 and 25 million ounces in 2010, without any capital expenditures being required to generate that growth. The Company has long term contracts to purchase all or a portion of the silver production from mines in Mexico, Sweden, Peru, Greece and the United States, at a low fixed cost. Silver Wheaton’s unique and simple business model is designed to create long term shareholder value, providing the best leverage to increases in the silver price while mitigating downside risks. Silver Wheaton is unhedged and well positioned for further growth.