Up 7 percent on heavy volume. What's up other than the PPS ? New initial coverage or event ?
And then I think Rudi did a very good presentation at the Denver Gold Forum. (check for the webcast)
Also it could be a bit of flipping shareholders from Pretium to Seabridge, as Pretium spoiled their resource estimate.
Stupid me. I now see Gold is up $27+, today and other gold miners are up around 3 percent. I guess SA was more undervalued than the others.
We are also now entering the seasonal upswing time for gold.But fiat currency devaluation is the biggest driver, as Central Banks click to print more paper money.