Holding SA gave 100% gain to some investors and 100% loss to some investors. The company showed net loss of $9.6 million in Q2, 2013 as compared to $2.3 million at the same period in last year. The net working capital also decreased due to comparatively high cost of production which stood at $.29.2 million On June 30,2013 as compared to $49.6 million at the same period of previous year. As pointed out on a Seeking Alpha article, cost of production in gold mining business needs to control as the price of gold has been reduced. The industry average cost of production is around $1200. SA needs to control cost. There are some companies including Pershing Gold (PGLC) which expects to control the cost within $800 to get comparative advantage. It is expected that SA management will be able to keep situation under control to give better return to shareholders by protecting unexpected price illusion of stock in the market. Seabridge Gold, Inc. (SA) is among the stock which has experienced higher volatility of price as well as trade volume in the market. By holding this stock, investors experienced 5 visible up and down in the last one year with a yearly high price $19.96 and low price $8.23. The company has a total market capitalization of 484.07 million.