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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
Comment by u8fishon Apr 11, 2011 3:06am
717 Views
Post# 18412148

RE: RE: Value

RE: RE: ValueSorry...I should be more specific. I was talking real resources. Richfield only has 1.8M oz of indicated resources...SEA has 45M in the KSM project alone. NGD buyout valued at $550/1.8=305. RVC only has just over 2M of inferred. Not sure what you mean by more upside - KSM has another 14M+ inferred oz. Think Blackwater will have 45M oz.? Doubt it. Some one can pick up proven resources - 45M of them and have a mine that can produce 878k oz a year with KSM! These numbers are staggering. I can't believe a major hasn't jumped on this yet! This will solve the depleting reserve issues of some of the big boys at that production rate. Oh...and I forget to mention the 11.9 billion pounds of copper, 256M oz of silver, and 291M oz of moly. No these are not misprints. Unfreakin real! Should be a 10 bagger based on that but we'd be happy with a 4 or 5 bagger too I guess. Still have Courageous Lake etc. in the SEA portfolio.
Bullboard Posts