Buying Gold And By Products Directly

June 16, 2008 | By | Reply More

Silver Wheaton, the successful company that buys up silver directly from miners is about to have an imitator. A number of their top execs are launching Gold Wheaton Corporation to perform a similar operation by buying gold and by products directly from producers.

The first contract is worth $400 million to FNX Mining Corp. for 50% of their total precious metal production from their Sudbury operation.

Kadywood Capital Corp. with a listing on the Toronto Stock Exchange is being used as a shell company awaiting the name change etc.

 

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