Post by
sailor8 on Dec 15, 2020 9:51am
26 million Snowfield ounces times 23 USD
Price of Gold rose today (at time of posting) by ~ 23 USD per ounce.
Proven & indicated amount of gold in our Snowfield aquisition = 26 million ounces.
26 million times 23 USD = 598 million USD
Thus we added more than half a billion USD value just today for us Seabridge shareholders.
Will pay out to shareholders on the long term. Thanks Rudi !