Seabridge Gold Inc at Denver Gold Americas Explorer & Developer Forum (Virtual) Transcript
Thank you for the introduction, and thank you for Denver Gold Group for the opportunity of presenting at this year's conference.
Our obligatory forward-looking statement slide. As a CEO of a gold company, you can rest assure that I'll be making forward-looking statements.
Our portfolio is all focused on Western Canada and the Western United States, that's by design trying to minimize political risks. Our two advanced projects are KSM and Courageous Lake, collectively with about 55 million ounces of proven and probable gold reserves. And then three earlier-stage exploration projects, Iskut, 3 Aces, and Snowstorm.
When my partners and I formed this company in October of 1999, our goal was to create the industry's best leveraged play to a rising gold price. Back then, gold was trading at about $260 an ounce, and we believe that the price of gold will go significantly higher. We create leverage by growing ounces in the ground faster than shares outstanding. The thought being that the more ounces you can provide on a per-share
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