RE:Seabridge filings : From Flashcash on the TUD board.Funds are to be used for current expenses, &,,,to advance present projects and as well to leave a reserve set of funds that can be paid out to advance sundry of future purposes. The funding IMO is far insufficient to underwrite a deal with AMK. That said however it would take a LOT of funds to advance a DEAL with AMK. That potential is however in my opinion very desirable for SEA to an extreme as and for the future of the discoveries just to the South of the AMK/SEA boarder.
Simply said, SEA imo would LOVE to own AMK, and imo that puts AMK in the limelight/BULLSEYE ! The BIGGEST point is that AMK has huge status in the "TRIAD ACCORD" reffered to by many as the THREE AMIGOS,, it is that their can be NO disolve by any partner which would not first give a right of first purchase or a right of first refusal. Highly unlikely that SEA will be entering any consideration to take over AMK in our NEAR FUTURE. SEA has many great operations going on now and that would be their focus at hand. Also on point SEA realizes that the BAR would be EXTREMELY high for a purchase or/buyout even 5 years from now, now meaning 12/3/2020. All said the funding is set in place to OPEN DOORs for SEA and it is set as an entry point of future financing for SEA that could in future tense be a groundsetter, that might be the design of SEA. But the first reason at hand is to agin payoff expences incurred presently and next to advance exploration of SEA projects, so there is our/your answer.