Looking ahead From a purely share price perspective, I am pleasantly surprised at how small the impact of the last announcement was - for Seabridge and for the three Amigos.
It shows that the major shareholders do not attach any importance to Seabridge's self-declared “victory”.
Share prices have moved very little.
This may very well indicate that we here on the board are getting things right.
Tudor Gold's situation therefore does not appear to be as bad as Seabridge's release would have us believe.
I'm pretty sure that the events surrounding the granting of this license will be dealt with legally.
For me, however, this is just a side issue.
The upcoming drilling results are much more important.
Ken has often talked about the possibility of a new Brucejack, and with the three supercells he seems to be on the right track.
We'll see...