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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 Mooneymanon Dec 16, 2013 3:17pm
255 Views
Post# 22010994

the price of gold

the price of goldThere are many ways to measure the price of gold - one is as most people use the US $. Unfortunately the US $ seems to be worth less and less (albeit with hiccups) so I use other commodites and compare how many ounces of gold is required to buy that particular commodity. Yes the price of those commodities also fluctuate because you are comparing them to US $. Think of a one foot ruler where the size of an inch (US $) keeps getting smaller. You go from a 12 in to a 15 inch ruler but the actual length of the ruler hasn't changed - just what you use to measure it has. Having said that go back and start comparing what a car or a house cost (in ounces of gold) say in 1980, 1990, 2000, 2010 and present day. I think this is a much more realistic view of what gold is "worth". Many will disagree stating inflation, bubbles,stagnation and other factors. All which do affect prices. Just my thoughts
Bullboard Posts