Company News – Wed 7 Nov, 2018

Chris Temple gets an update from Rudi Fronk, Chairman and C.E.O. of Seabridge Gold (NYSE-SA; TSX-SEA)

Late Tuesday, Chris chatted again with Seabridge’s Fronk, chiefly to discuss the new assay results at Iron Cap and the path to an even bigger new resource estimate at KSM coming in Q1 2019. Other exploration progress is logged here too; at Iskut and the Snowstorm Project in Nevada. Seabridge shares continue to be winners in 2018 despite the bombed-out PM equities sector generally.


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Rudi FronkChris Temple

  1. On November 7, 2018 at 6:33 am,
    Charles says:

    Hi Chris,

    I sold my long time position in SA during the most recent spike up to around $15. I am looking for an entry point to buy it back. There is a pretty negative reversal candle on the monthly and a gap and the 50 week moving average at about 11.50. It is also battling with an upward sloping trendline from July of 2015 with it currently below that trend line. I am thinking the $11.50 area might be a good place to re-enter the stock, but I guess I will see when it gets down there. Hopefully managment does not annouce a joint venture partner before then!

    Best Regards,

    • On November 7, 2018 at 12:37 pm,
      RICHARD/DOC says:

      Charles, the odds, technically, is that you’ll have a good chance to get Seabridge between 10-11.

      • On November 9, 2018 at 1:14 pm,
        Charles says:

        Thanks Doc! Always appreciate your insights. BTW, I am a PSU fan in the heart of Buckeye nation. My wife and her extended family and my two kids are all buckeye fans. Needless to say, it gets a little lonely in these parts this time of year! Should be a good game this year. My bet is on Michigan despite being on the road. It should be more fun to watch this year as opposed the recent past.