Seabridge Gold Inc. (SA)

[tootalljones]

with Seabridge, a shareholder gets an ounce of gold, currently selling at 1220, for less than a dollar, albeit in the ground, but remember, the KSM property is fully permitted. IMHO, and more importantly the opinion of others, the value here dwarfs what you get with Novagold, as a for instance.

All it needs is feasible money to build it, calculated at around 5 billion dollars, to get who knows how much future production: far over 100 billion dollars for sure.

Some say just sell it to a major and take back a gold stream, which would push this stock up to the heavens, ....

and as the POG ascends, push the share price to the moon.

I would be very worried, if I were SA, about a takeover. A giant miner simply comes in, buys them out for 25 bucks, and keeps all production for themselves. 25 bucks is a lousy 1 billion dollars.

These considerations, in my view, will become increasingly critical over the course of this year, as...

1. the gold bull swings into gear in earnest.
2. the company releases its new assessment next month incorporating the 2015 drill results.
3. the company issues its revised new feasibility report due in September, which is not very far away.

right now insiders are buying a lot more shares.