Silver Wheaton Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported earnings from operations of $37.838 million, net earnings of $33.566 million or $0.11 per diluted share on sales of $69.767 million compared to the earnings from operations of $23.542 million, net earnings of $20.541 million or $0.08 per diluted share on sales of $39.371 million for the same period a year ago. The company reported that cash generated by operating activities of $45.380 million compared to the cash generated by operating activities of $26.725 million for the same period a year ago. For nine months, the company reported earnings from operations of $79.503 million, net earnings of $67.115 million or $0.23 per diluted share on sales of $148.742 million compared to the earnings from operations of $90.518 million, net earnings of $71.445 million or $0.29 per diluted share on sales of $137.994 million for the same period a year ago. The company reported that cash generated by operating activities of $94.953 million compared to the cash generated by operating activities of $95.696 million for the same period a year ago.

Silver Wheaton Corp. plans to make more acquisitions. The company stated that its recent deal to buy silver from Barrick Gold Corp. has opened the door to other "good quality" purchases. President and CEO of the company, Peter Barnes said: "We are seeing more good quality opportunities now than we've ever seen... I don't think that is going to slow down. I think we are going to have more good quality acquisitions to announce over the next year or two."

Silver Wheaton Corp., Q3 2009 Earnings Call, Nov-10-2009