Seabridge Gold, 255 Million Reasons to Love?!?
all dollar figures US$ This article concerns one of the most exciting gold/copper development stories on earth. No, it’s not in Africa, China, or Russia , it’s in B.C. Canada . Gold (“ Au “) is in a bull market, up over 35% in the past year. It does well when geopolitical tensions are high, and geopolitical tensions are high. “Eastern” nations, led by China, Russia & India are buying gold hand over fist, diversifying away from the USD. Aggressive buying could continue for years. China’s per capita holding of Au is 1/15 that of the U.S. India’s is 1/55 . Copper (“ Cu “) is at the heart of EVs/energy storage systems, renewable power, AI/data centers, high-tech electronics/drones, aerospace/defense & 5G/6G telecom. Six of the top seven Cu-producing countries are Chile, Peru, the DRC, China, Russia & Indonesia . Chile & Peru have century-old mines with falling grades & rising ...