As silver finally found support near $9 per ounce late last year, the silver miners carved a convincing reversal that saw battered names like Coeur d'Alene Mines and Hecla Mining (NYSE: HL) reap huge gains and propelled my silverminer CAPS profile deep into the top ranks. Silver Wheaton has surged more than 250% since I explored its valuation on November 25, and the pending all-stock acquisition of smaller rival Silverstone Resources (with a further 133 million ounces in silver reserves) assures this Fool that we've still only witnessed the beginning of a long-term recovery. Notwithstanding the necessary caveats about silver price volatility and the slingshot effect, I reiterate my contention that Silver Wheaton is the premier vehicle for silver investment exposure
CXC Price at posting:
$18.80 Sentiment: None Disclosure: Not Held
