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Message: Dahlman Rose & Co. Initiates Coverage on Seabridge Gold

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Dahlman Rose & Co. Initiates Coverage on Seabridge Gold

posted on Feb 06, 09 07:24AM

Adam P. Graf, CFA Director of Equity Research states, “Seabridge Gold, Inc. has among the largest gold resource bases of any pre-producer, while maintaining a low share count and no debt. In addition, the vast majority of gold resource is contained in two large, long-lived assets. This awards Seabridge not only with strong optionality for the gross value of its assets, but high leverage on an ounce-per-share basis.”

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