Interesting read on SEAhttps://www.theaureport.com/pub/na/company-positioning-itself-as-a-gold-copper-developer-to-watch-in-a-premier-jurisdiction
Interesting article on SEA
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Seabridge is on the radar screen of numerous industry analysts. Derek Macpherson, VP of Mining Analysis at Red Cloud Klondike Strike, wrote on December 18, "Seabridge's summer drill program at its Iskut Property has identified another porphyry target close to surface. Iskut is only 30 km east of Seabridge's KSM Project which hosts four porphyry deposits with P&P Reserves of 39Moz of gold + 10Blbs of copper. These latest results support our view that Seabridge is positioning itself as a gold-copper developer to watch in a premier jurisdiction—we believe majors are taking notice."
Analyst Dalton Baretto with Canaccord Genuity, wrote on December 12, "The 2018 drilling at Iron Cap increases the likelihood of improved project economics from a resequenced mine plan. On the back of these positive results, we continue to note that a key potential catalyst for SEA's shares will be a partnership agreement with a major mining company. We reiterate our SPEC BUY rating on SEA, as well as our CA$26.00/sh target; our target remains based on 1.0x NAV, measured at Oct. 1, 2019, and is predicated on a partnership agreement being concluded."
Mike Kozak, an analyst with Cantor Fitzgerald Canada, wrote on December 12, "Iron Cap is shaping up to be the best deposit within the KSM cluster and potentially one of the most economic. . .Iron Cap is seen to require less capital to develop than the Kerr and Sulphurets deposits. Additionally, its size and orientation favours efficient, cost-effective underground block cave mining methods." Cantor has a Buy rating on Seabridge with target prices of US$19.00 and CA$25.00.
In a December 13 report, ROTH Capital Partners analyst Joe Reagor noted, "We view the drill results as impressive and believe they will drive an increased resource estimate next year." ROTH has a Buy rating and US$17 price target on Seabridge."