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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 Charlie_Chanon Feb 12, 2016 10:00am
272 Views
Post# 24552017

RE:A Dime !

RE:A Dime !I wouldn't discount the effect that the Massive short position is having on the shareprice of SEA.

When there is a short position of 6.5 million shares on a stock that has 52 million shares outstanding and the majority of shares held by insiders and large institutions, you begin to understand why there was over a million shares traded yesterday and why the daily trading range is so large. This stock is a traders dream.

Someday very soon there will be a a short squeeze that will force the covering of this huge short position and then the price will travel north in a rather quick fashion.
Bullboard Posts