Sep 22, 2020 / 06:30PM GMT
Rudi Fronk - Seabridge Gold Inc. - Co-Founder, Chairman & CEO
My name is Rudi Fronk, and I am a Co-Founder, Chairman and CEO of Seabridge Gold. It has been 21 years since we formed Seabridge. Back then, my colleagues and I took over a publicly listed Vancouver Shell that had about 17 million shares outstanding, $200,000 in the bank, and a $0.10 share price. At the time, gold was trading at about $260 an ounce.
Our goal was to create what we thought would be the best leverage play to a rising gold price. And as I walk you through the presentation today, I think you'll see that we've had a lot of success on that front. Just a reminder that I will be making forward-looking statements during today's presentation.
So if you look at Seabridge today, 21 years later, between KSM and Courageous Lake, we have 45 million ounces of proven and probable gold reserves, plus 10 billion pounds of copper. And that's contained in a much larger overall resource with significant quantities of gold, copper, and silver. After 21 years, we still only have 66 million shares outstanding. Today, we're trading
Seabridge Gold Inc at Denver Gold Americas Explorer & Developer Forum (Virtual) - Live Session Transcript
Feb 11, 2024
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