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Seabridge Gold Inc T.SEA

Alternate Symbol(s):  SA

Seabridge Gold Inc. is engaged in acquiring, exploring, and advancing mineral properties, with an emphasis on gold resources, located in Canada and the United States. The Company holds a 100% interest in several North American gold projects. Its principal assets, the KSM project, and its Iskut project, are located in Northwest British Columbia, Canada's Golden Triangle, the Courageous Lake project located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. The KSM Project is an undeveloped gold project. Iskut is a 294 square kilometers property located approximately 20 kilometers (km) east of KSM. 3 Aces is a 314 square kilometer property located in southeastern Yukon. The project is a district-scale, orogenic gold project. Snowstorm is a 103 square kilometer property located at the intersection of three major Nevada gold belts. Grassy Mountain is its non-core asset.


TSX:SEA - Post by User

Bullboard Posts
Post by tinyjon Jun 16, 2010 3:23pm
493 Views
Post# 17195010

WHAT THE? SEA.NV

WHAT THE? SEA.NVCrazy and scary how ETF's work sometimes.  For example, the people who were bullish on the shipping industry a couple months ago and decided to buy SEA (the Claymore Global Shipping ETF) got screwed!  Due to Claymore being acquired by Guggenheim in October of last year, Claymore closes the SEA fund/etf and pulls it off the NYSE in late April of this year at around $16.00 per unit.  Then just over a month later Claymore opens another shipping ETF under the same symbol, SEA (now called 'Claymore Shipping'), priced at around $26.00 per unit.  What the heck is up with that!  That's just highway robbery.  Would love to get people's opinions on this as to wether they think this was fare to the old unit holders of SEA.
Bullboard Posts