While the prices (of acquisitions) are going up, the competition is actually lessening.

We had low commodity prices for almost 20 years. I think we're going to have high commodity prices for almost 20 years.

We're looking to fill that gap as our production starts to go down six or seven years from now. And these mines, as everyone is learning, take longer and longer to drill out and to permit and build, so we're actively looking now.

The record breaking earnings and production results are indicative of the company's ability to deliver value through successful acquisitions.

This is a spectacular deal for Silver Wheaton. It will be getting basically an additional four million ounces a year going forward for $150 million. It's very exciting for both sides.

We're always looking at opportunities, but we certainly hope it will be sooner rather than later.