COO Ryan Hoel presents at Denver Gold ShowThe presentation is public now.
I still can't believe that the management of Seabridge Gold is taking such a high risk.
Once again they say that all the permits are in place.
The technical discussions on a JV have already been made with six companies so that the commercial aspects can now be discussed. A deal is expected to be finalised in the next six to nine months.
Only then will the feasibility study be tackled, which will then take another 2.5 to 3 years.
But no word about the MTT. Next week is the BC government's decision on the extension of the requested tunnel licence. And that's not supposed to be a risk that needs to be discussed? Is Seabridge really assuming that they will be allowed to build a tunnel through Treaty Creek with a Goldstorm deposit with 27.8 million AuEQ without having to compensate Tudor Gold?
I don't understand the strategy.
Either the management is completely stupid or they already know what BC will decide.