Seabridge Is Turning Cash into Gold

from The Gold Report

Seabridge Gold hosts one of the world’s largest gold resources, offering shareholders exceptional leverage to a rising gold price. Chairman and CEO Rudi Fronk explains his company’s value-enhancing strategy of obtaining resources at low cost and spinning them into gold.

The Gold Report: Would you tell us about Seabridge Gold Inc.’s strategy?

Rudi Fronk: Our strategy is essentially to turn cash into gold. When we founded the company 17 years ago, it was to give our shareholders maximum exposure to the gold price. That meant taking a different approach to the business. If you look at what the gold mining industry is doing, they are turning what we believe to be a superior form of money—gold into an inferior one—the dollar.

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