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Archive for the ‘Seabridge’ Category

Seabridge’s Advantage, interview with Rudi Fronk

If you still have doubts about one of our 2010 stock picks, please watch this video.
Interview with CEO and President of Seabridge Gold (SA) Rudi Fronk about the history and how this company makes money for shareholders.
Especially the fact that every single share is backed by 1.7 oz. of gold in the ground makes this a perfect stock pick for the value investor.

Why CashInfo.org has invested in Seabridge Gold

Again we have chosen a relative save play like we do with Silver Wheaton. Seabridge Gold is a company with a real long term strategy. The basis for this company was made from 1999 till 2002 when gold prices were at ultra low levels. A total of nine North-American gold deposits were acquired at very low prices. Then the second phase started, which was to expand its resource base by carefully targeted exploration. This phase proved highly successful…total measured and indicated gold resources grew 381% over five years while shares outstanding increased only 35.4% during the same period. By 2008, it was clear that the gold price had risen sufficiently to make a number of Seabridge’s projects potentially economic. Work therefore began on the third phase of Seabridge’s strategy…defining the economics of its projects through engineering studies and upgrading resources to reserves. This effort focused on the giant KSM project which, during the exploration phase, had emerged as the Company’s most important asset. A Preliminary Feasibility Study was completed for the KSM project in March 2010 and a substantial portion of its resources were converted to reserves. A similar program is being planned for Courageous Lake, Seabridge’s second-largest asset. Work on KSM and Courageous Lake has been funded in part by the sale of non-core assets which is consistent with the strategy of limiting share dilution and enhancing shareholder value.

We think the price of gold will continue to rise the coming years, considering the leverage to the gold price shares of Seabridge Gold Inc. have, this is a true value investment.
The following text is from the company website and describes very well why we trust this company:

Our goal in establishing Seabridge was to provide exceptional returns to shareholders by maximizing leverage to the gold price in what we perceived would be a rising gold price environment. Our strategy was to optimize gold resources while limiting shares outstanding. This approach provided a simple but effective measure for evaluating dollars spent in terms of resources added compared to shares issued.

We decided that our competitive advantage at Seabridge would be to evaluate, acquire, explore and develop gold deposits. From our inception, we determined that Seabridge would not build or operate mines…we would look to partner or sell assets which were ready for production. Building mines adds considerable technical and financial risks and requires a different set of skills and resources. Nor did we wish to undertake grass roots exploration which is very high risk. We therefore narrowed our value-added proposition to three phases which would unfold as the gold price rose…acquiring known deposits, expanding them and defining their economic parameters. In our view, this was a relatively lower risk and less capital-intensive strategy consistent with the goal of optimizing gold ownership while limiting share dilution.

Stock Pick Seabridge Gold (AMEX:SA) and BUY alerts on Silver Wheaton (SLW) and Minera Andes (TSE:MAI)

Newest member of our portfolio: Seabridge Gold (AMEX:SA)

Today we saw a big decline in gold prices, as well as in other commodities. This price dip is just what we have been waiting for. This is probably the last change to get into the precious metals at some very interesting price levels before prices of gold and silver will skyrocket. We have decided to invest in two companies instead of one, the first one is Seabridge Gold Inc. (AMEX:SA) be bought shares today @ US$ 28,36 max. buying price is set at US$ 29,90 We will follow this company very closely and keep you informed with all major news and development around this company just as we do with our other stock picks. More information about Seabridge and our motivation will follow in the next post.
The second company we have picked we will probably buy into tomorrow since this one trades in Toronto (closed today), just hope the gold price doesn’t pick up overnight! When we do get the change to buy we will let you know right away, we have all ready disclosed these two names to our newsletter readers this morning (CET).
Click here to go to the Seabridge Gold Company Page to see the interactive charts and more information


This price drop it just what you have been waiting for! Now a total of four great companies we picked can be bought at ridiculous low prices
Silver Wheaton Corp. (SLW) is now trading below US$ 19,90 This means it it now in the buying range!
Minera Andes (TO:MAI) is now trading below CAD$ 0,85 This means it is now in the buying range!

Great Panther (TO:GPR)remains in the buying range, buy below CAD$ 0,88

And out newest stock pick Seabridge Gold (AMEX:SA) is in the buying range below US$ 29,95