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Message: Gold Wheaton

Gold Wheaton

posted on Jun 15, 2008 09:15PM

No, it's not a new breakfast cereal, it's the gold version of the higly successful Silver Wheaton....

Cost Inflation Partly Behind Push to Launch Gold Wheaton

By Romina Maurino
13 Jun 2008 at 12:09 PM GMT-04:00

TORONTO (CP) -- A rise in capital costs and the crippling labour shortages hampering gold mine development meant the time was right to launch Gold Wheaton Corp., its chief executive said Friday.

The Vancouver-based company won't produce metals, but rather buy production streams from miners - applying to gold the same principle that Silver Wheaton Corp. [TSX:SLW; NYSE:SLW] began using on silver four years ago.

More here:

http://www.resourceinvestor.com/pebb...

ebear


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