Silver Wheaton Stock Receives Vote Of Confidence From Management Amid Uncertainty

Silver Wheaton has announced the buyback of up to 20.2 million shares of the company's stock, amid weakness in the company's stock price as a result of weak precious metal prices and tax related uncertainty. The company management believes that current price levels underestimate the prospects of the company's business. However, given a potential reassessment of the tax liability pertaining to the company's foreign subsidiaries, it remains to be seen if the management's confidence in Silver Wheat...