Today we review Seabridge Gold. What is Seabridge Gold? How does it work? What do they offer to you (the investor)? Are there better alternatives out there? This are just a few of the questions we help you answer today!
Name of the company: Seabridge Gold
Official Website URL: seabridgegold.net
CEO: Rudi P. Fronk
Products: Gold, Copper, Silver, Mining Stocks
The gold market is growing rapidly in the world and this creates a favorable environment for investors to invest in gold companies and for entrepreneurs to discover new opportunities in the gaps in this market. This has led to the establishment of new companies such as Seabridge gold Inc. This review will shed light on what Seabridge Gold is all about and the approach it relies on to execute its operations. The following key pillars will help in the maintenance of objectivity:
– What is Seabridge Gold about?
– How does it work?
– Which products does this company offer?
– Is it a genuine company?
– Which investment opportunities does this company offer?
– Which are the main alternatives to the investment options that it offers?
– What are its main pros and cons?
What is Seabridge Gold?
Seabridge Gold is an exploration company based in Toronto, North America. The company is majorly involved in the acquisition and exploration of mineral properties. It is involved with the extraction of several precious metals such as copper and silver resources, although gold is the company’s main target mineral resource.
There is a very high risk involved in the production of minerals and as a result of this, this company focuses on exploration activities. It relies on risk-reduction strategies, along with the creation of new mineral reserves. It thereafter sells these resources to more established production companies once they have reached the production stage or executes a joint venture strategy to reduce uncertainty and to maintain the value of its shares in gold ownership schemes.
How does it work?
Seabridge strives to grow gold resources and reserves while minimizing equity dilution. One major challenge faced by mining companies is the depletion of reserves of mineral resources. The resource companies start their operations and once resources are exhausted they are forced to move on to the next project due to the absence of reserves. Such companies explore their newly acquired land assets without being certain whether or not there will be new resources, or whether they will be of low quality and not sufficient enough to recoup the costs incurred in the exploration process.
Seabridge Gold has in the past acquired several gold projects that have shown cost efficiency and potential for exploration such as the :
– Grassy mountain project which it owns 100%
– Kerr-Sulphurets project
– 100% leasehold interest in castle/black rock gold project
– Hog ranch gold project
– Quartz mountain gold project.
Seabridge Gold is currently focused on two core projects, namely Courageous Lake and KSM projects. These projects are likely to produce 6.5 million ounces and 38.2 million ounces respectively.
Seabridge gold majorly deals with gold exploration and provides production companies with the gold after exploration. It, therefore, invests in various potential projects in a bid to ensure that it continuously provides a sufficient supply of the gold resources. The company’s activities also give rise to copper and silver resources which it also sells to its customers.
Is it genuine?
This company is 100% genuine. One can easily tell this from the manner in which its projects rest on land parcels that can easily be tracked. This means that the long arm of the law can catch up with the owners of this company quite easily if they decide to carry out illegal activities.
Beyond that, the company is run by a team of very talented and qualified professionals who come up with the best acquisition and exploration strategies in a bid to ensure that the company thrives continuously. The leaders include:
– Rudi P. Fronk- Chairman and Chief Executive Officer
– Jay S. Layman – Director, President, and COO
– William E. Threlkeld- Senior Vice President, Exploration
– Peter Williams – Senior Vice President, Technical Services
– Christopher J. Reynolds- Vice President, Finance and CFO
– R. Brent Murphy –Vice President, Environmental Affairs
Seabridge Gold is also the owner of well-known subsidiaries, including:
– Paulson Gold Holdings
– 5555 Gold Inc
– Seabridge Gold (NWT) Inc.
– Seabridge Gold Corporation.
This company offers its stocks through the Toronto Stock Exchange (TSE). They are traded under the ticker SEA. Investors can purchase these stocks at will and rely on them to grow their nest of investments as they find appropriate. With the external forces of the market not stepping in to interfere with the nature of the stocks’ prices, one can easily rely on mathematical models or statistical approaches to predict the trajectory of the prices.
If you are new to the field of stock investments and you have no idea on which stocks to pick, and whether the ones you pick will be profitable, you should consider relying on Resource Insider which is an excellent resource from Capitalist Exploits. The information it provides you with helps you void rookie mistakes and to only invest in the stocks that will give you sure returns.
Alternatives to Seabridge Gold’s stocks
Physical gold stands out as the best investment alternative to the stocks offered by Seabridge Gold. Just like stocks, you can buy and hold gold over a long term investment horizon as you wait for its value to grow. Precious metal IRA firms help you to safely go about the purchase and sales transactions as well as to keep your gold safely. Some great examples of suchs companies you can find on our top 5 list. Their professionalism has seen them acquire a large number of customers. Relying on this kind of companies to store your physical gold comes with a couple of benefits including having the investment being identified as a tax-advantaged one.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and Cons
It might be wise (and recommended) to compare the negatives against the positives to get a better overall view. As always in our reviews, we provide you with some clear points on both sides of the spectrum:
- The company limits its involvement to exploration and one’s resources have reached production stage the company sells the resources to other companies or joint ventures this reduces costs and the uncertainty involved in the end product e.g. price fluctuations and hence shareholder is able to receive value for their money.
- Gold being a very valuable product in the world can provide huge returns to an investor and as such Seabridge gold invests in the potential gold projects and realizes huge returns from the investment.
- There is a highly competitive market and the company would incur huge losses if the competitor offered the same product at a lower price.
- Government regulations relating to land acquisition, pollution control, safety, and environmental protection can affect the company’s finances.
The company doesn’t know which policies the government will adopt. A change in these policies means changing the company’s operations which would in return lead the company to incur costs.
- The company may need additional financing which may not be available at acceptable terms and this may lead to delay in exploration which may lead to loss e.g. when project delay and gold prices fluctuate from the projected prices.
- Since the company operates in different states price fluctuations may affect the company’s financial position and results.
Do You Own or represent Seabridge Gold?
If you are a representative, or associate of Seabridge Gold and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (2.8 / 5)
Ok, I think that sums up the overall view of Seabridge Gold pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Seabridge Gold to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com