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A development stage company engaged in the acquisition, exploration and development of mineral properties.
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TMFSinchiruna (90.70) Submitted: 11/24/07 1:59 PM : Start Price: $29.17 SA Score: -38.28
I can't believe my eyes. :) My fellow CAPS investors have only given Seabridge Gold 2 stars out of 5?? I'll have to pay closer attention to how the community is rating other gold equities. Is it that collectively we're not recognizing what gold is doing here and where it's headed? Sure it's up near all-time record territory, but it's for good reason, and none of those reasons show signs of reversal (US Dollar, out-of-control spending, etc.) And sure, SA has nearly doubled this year, but that's more a reflection of how ridiculously and inexplicably overlooked it was than of an unsustainable rise. SA is a major player, and will be at $80 in my opinion by the time gold reaches $1,500 per ounce. That's my prediction... time will tell. This is a very well managed company in a bull market industry with incredible assets in the ground.
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