Agoracom Blog

Dahlman Rose & Co. Initiates Coverage on Seabridge Gold

Posted by AGORACOM at 10:27 AM on Monday, February 9th, 2009

  • Measured and indicated resources under NI 43-101 stand at 27.8 million ounces of gold and 5.3 billion pounds of copper.

  • Inferred resources total another 22.1 million ounces of gold and 2.9 billion pounds of copper. Programs are underway to increase resources and upgrade inferred resources to indicated.

Dahlman Rose & Co. Initiates Coverage on Seabridge Gold Inc.

Adam P. Graf, CFA Director of Equity Research states, “Seabridge Gold Inc. has among the largest gold resource bases of any pre-producer, while maintaining a low share count and no debt. In addition, the vast majority of gold resource is contained in two large, long-lived assets. This awards Seabridge not only with strong optionality for the gross value of its assets, but high leverage on an ounce-per-share basis.”

Per Share Gold Leverage for Select Emerging Miners

DISCLOSURE: Seabridge Gold Is An AGORACOM Client. Investors are urged to read the complete research report to properly assess risks and rewards.

One Response to “Dahlman Rose & Co. Initiates Coverage on Seabridge Gold”

  1. Bill Watters says:

    look at the per share leverage on ounces per share Seabridge has over these gold companies….awesome, well worth a good DD session. Thanks for the insight and looking forward to doing my own DD here….