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Agoracom
The Small Cap Epicenter
The Small Cap Epicenter
AGORACOM WIRE FEBRUARY 3rd, 2012
UPDATE 1:40PM - Interview with Chris Bogart, President & CEO of Standard Graphite (TSX-V: SGH) Read More
AGORACOM BLOG - Paul Kedrosky Provides Best Early Analysis Of Facebook … He Has Concerns Read More
PAST PRODUCING MINE + OPEN PIT DEPOSIT + QUEENSTON MINING INVESTS: Just 3 Interesting Things I Discovered In My Interview With Client MISTANGO RIVER RESOURCES. Well Worth A Few Minutes: Listen To Our Chat
FEATURE WEBCAST: PFN Capital - 700K oz M&I Palladium Resource in Mining Friendly District of Sudbury Watch Here
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Shares of Silver Wheaton Corp., which acquires mineral properties, rose Monday as an analyst upgraded the Canadian company on rising silver production.
Analyst Michael D. Curran of RBC Capital Markets upgraded the Vancouver, British Columbia, company to "Outperform" from "Sector Perform."
"In our view, Silver Wheaton shares are likely to be re-rated to higher trading multiples, as silver production increases with the start up of new silver mines, and the company becomes the largest silver producer by the end of 2010," he said.
Silver output is set to double to 32 million ounces between this year and 2012, he said.
Silver Wheaton's growth is expected to be above average relative to its peer group in the coming years, Curran said.
Shares increased 54 cents, or 3 percent, to $16.13 in afternoon trading.
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