Silver Wheaton coverage is initiated by Merrill Lynch at Buy and Target Price of $13.5

Are they reading my blog? Just joking, you know how careful we should take any main street advise, but here I can not find any traps, mail conclusions translated for audience:

1. The Pure Silver Company.
2. Outlook for Silver is bullish and "has been sharp increase in investment demand, due to recent listing of the Silver ETF".
3. With Silver sales of 13.5 MOZ Silver Wheaton is a major Seller of Silver.
4. Silver Wheaton presenting opportunity of high leverage play on increase in Silver price.
5. Company effectively controls sales of silver from 92.5 MOZ proven and probable reserves.

Now with Silver Wheaton put on the Wall Street Radar screen and Silver positive economics development we can expect fast break out from recent consolidation pattern.