Post by
Jaskula on May 08, 2023 6:14pm
Seabridge vs Tudor
Even though Treaty Creek may provide better opportunity long term, and project economics could be better than KSM, but overall I think Seabridge can provide better value for investors in terms of better diversification and faster pathway to production:
1. They have 5 interesting projects, with 3 of them confirmed high grade ore.
2. KSM has all permits in place, and this is a major derisking factor.
3. Construction scheduled for next year.
4. Much lesser dilution of shares
5. More ounces per share and most copper per share than any other major producer.
Comment by
1and1is5 on May 08, 2023 6:35pm
20 years in the making and still more to go. Hope you have age on your side
Comment by
TCrelave on May 08, 2023 9:42pm
Oh yes! That's why Valley of the Kings was never developed.. Thanks for reminding me about that! Btw, How long do you think it will take to build the tunnel through Treaty Creek? IMHO, the three Amigos Market Caps are justified just for being on the right side of the mountain. Best of luck to most!
Comment by
Jetstream1281 on May 08, 2023 7:18pm
SEA big climb has already happened....that's the difference.
Comment by
Jaskula on May 10, 2023 8:12am
Too big for anyone to tbuy in. A multi partneship is possible here, with Seabridge remaining as a majority stake holder. In any case with rising gold prices, the project economics will improve hugely to the point that Seabridge will not need partners any more, and can go alone.
Comment by
fordster on May 10, 2023 8:47am
...all just speculation- you too Sasha. Bashers bash.
Comment by
Sasha11 on May 10, 2023 11:57am
if only building a tunnel was this projects problem. And Fordster...Promoters do what? Hint starts with "L" and rhymes with bye. Only for today, lets talk again soon.
Comment by
TeckPro on May 10, 2023 8:59am
(1) SEA needs a tunnel (behind the Mountain) which takes years and a few Billion. (2) Tudor has much better grades and perfect location. (3) SEA will need TUD cooperation $$$. (4) TUD has much greater upside by far. (5) No serious buyer would JV behind the Mountain without looking at in front of the Mountain. Common sense.
Comment by
fordster on May 10, 2023 9:09am
Well said...that's a wrap...have a good day everyone.
Comment by
TeckPro on May 10, 2023 5:01pm
Hey... Literally 99% of your posts are on TUD and you have already said that you own no shares. Why are you here and not on the SEA thread asking... When is the tunnel going to be finished 2028 or 2030? Are you aware that Morningstar just downgraded SEA to HOLD and has TUD as a BUY? TUD holds the KEY... remember that ok-:)
Comment by
fordster on May 10, 2023 5:06pm
Sounds like Sasha is getting Sea confused with Tud.
Comment by
Jetstream1281 on May 10, 2023 12:17pm
The reason you can't compare the two is not because of grade but because of timeline. TUD is where SEA was back in the early 2000s. Wait until they out out a PEA and then we'll compare. You're lying about KSMs grades. I've already posted the numbers straight out of their PFS. gold and silver are higher and copper is identical on TC. Anyone who wants to look them up can.