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Silver Wheaton's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Silver Wheaton Corp. (SLW)

Q2 2012 Earnings Call

August 10, 2012 11:00 am ET

Executives

Brad Kopp - SVP, IR

Randy Smallwood - President & CEO

Gary Brown - SVP & CFO

Analysts

John Flanagan - Fundamental Equities

Dan Rollins - RBC Capital Markets

Michael Dalgleish - SAC Capital

Chris Lichtenheldt - UBS

John Bridges - JPMorgan

Andrew Kaip - BMO

Steve Butler - Canaccord Genuity

Presentation

Operator

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Silver Wheaton's 2012 second quarter results conference call. All lines have been placed to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. (Operator Instructions) Thank you. I would like to remind everyone that this conference call is being recorded on Friday August 10 at 11:00 AM eastern time. I will turn the conference over to Mr. Brad Kopp, Senior Vice President of Investor Relations. Please go ahead

Brad Kopp

Thanks Tracy and good morning, ladies and gentlemen and thank you for participating in today's call. And I'm joined today by Randy Smallwood, Silver Wheaton’s President and CEO and Gary Brown, Senior Vice President and Chief Financial Officer. I would like to bring your attention that some of the commentary on today's call may contain forward-looking statement. There could be no assurance that forward-looking statements will prove be accurate as actual results and future events could differ materially from those anticipated in such statements.

Please refer to the section entitled Description of the Business Risk Factors in Silver Wheaton’s annual information form which is available on SEDAR and in Silver Wheaton’s Form 40-F on file with the US Securities and Exchange Commission. The annual information form sets out the material risk factors that could cause actual results to differ including the assets to control our mining operations from which Silver Wheaton purchases silver and gold with risks related to such mining operations and the risk of a decline in Silver and Gold prices. Lastly it should be noted that all figures refer to on today's call are in US dollars unless otherwise noted. Now I would like to turn the call over to Randy, our President and CEO.

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