SILVER WHEATON (SLW: $25.56; rated Overweight up from Neutral with $29.50 up from $23 price target) TWO NEW PRECIOUS METALS STREAMS BUILT INTO THE MODEL; PREMIUM TO NPV INCREASED TO 50% FROM 25% 6/23/2014

SILVER WHEATON (SLW: $25.56; rated Overweight up from Neutral with $29.50 up
from $23 price target) TWO NEW PRECIOUS METALS STREAMS BUILT INTO
THE MODEL; PREMIUM TO NPV INCREASED TO 50% FROM 25% 6/23/2014