Sterling silver sets make for attractive table settings and beloved family heirlooms. When it comes to investing, however, Fools seek a vehicle that's as pure as the finest silver.
After enjoying an incredible 46% surge in silver production from its unrivaled portfolio of producing silver stream assets in 2009, Silver Wheaton
Silver Wheaton reported fourth-quarter earnings of $50.8 million, flanked by surging operational cash flow of $71 million. Despite an aggressive spate of strategic acquisitions during 2009, the company ended the year with $220 million more cash in its treasury than after the prior year.
Mixing this cash hoard with a $400 million credit facility at its disposal and a clear outlook for steadily expanding cash flow, Silver Wheaton is cooking up a recipe for unparalleled acquisitive growth in this highly prospective sector.
Emanating both from the world-class mines noted above, and from exciting development projects like Alexco Resource's
My decidedly bullish outlook for silver is scarcely a secret at this stage, and Fools tracking my coverage of this sector are likewise aware that Silver Wheaton remains my top pick in this exciting sector. Your fellow readers consider your opinions as valuable as a bullion bar, and encourage you to vote in our Motley Poll and share your views in the comments section below.
Fool contributor Christopher Barker captains yachts and writes about stocks. He can be found blogging actively and acting Foolishly within the CAPS community under the username TMFSinchiruna. He tweets. He owns shares of Alexco Resources, Hecla Mining, Pan American Silver, and Silver Wheaton. The Motley Fool's disclosure policy is .9999 pure.