Seabridge
You old timers who understand the geography will have a better handle on th Seabridge issues i’m guessing.
One of the urgent reasons to scope out Goldstorm but also get some initial holes into the other targets must be to establish possible economic ore bodies that will presumably condemn the KSM tunnel routing. The Province will eventually roll-over on their permission would be my assumption, saying there hadn’t been sufficient condemnation of the ground or the geology was misrepresented to them. So can Seabridge divert or is it economically too expensive to lengthen the tunnel route?
The leverage over access to KSM is another potential value-driver, perhaps on consolidating Treaty Creek and KSM, or sharing access and infrastructure.
I wonder how many Seabridge shareholders have bought into the Three Amigoed to hedge their positions, or shifted completely over. If Goldstorm proves up as a viable open pit, hard to imagine it won’t be up at bat first.
PS2 hits higher grades, Goldstorm, one or two more, plus KSM, what a gem asset for a big operator looking to up their resources and production. Mega-deals coming?
CG