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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.

This entry was posted on Monday, February 9th, 2009 at 10:27 am and is filed under 43-101's, AGORACOM Clients (New). You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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

  1. Bill Watters says:
    February 9, 2009 at 1:25 pm

    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….