“It plans to partner with a major mining firm, who will take the financial risk. Seabridge Gold couldn’t identify who that partner is, but it said it has confidentiality agreements with four majors for this project (sic) The major mining firms wouldn’t be interested unless this is potentially a major gold mine.”
We are now in 2013 — and still no partner or buyout. I believe that the majors think that the resource (if there is gold) at KSM is uneconomical regardless of what the claims company might tell shareholders.
Well the idea is to maximize the sales price, but the thinking now is a joint venture is more likely.Sell and be done with it, seems like you think at what ever price.This is now the largest undeveloped find in the world, and I don't think management which has large holdings, and shareholders, want to give it away.Your premise seems short sighted, and maybe you are influenced by the trolls and short sellers comments.