SA - Huge Gold/Copper Reserves At Pennies On The Dollar: Seabridge
- Seabridge is a backdoor play on rising copper prices with its monster reserves at KSM.
- The company's inground resources provide the highest underlying leverage to gold quotes of any miner or exploration company.
- Excessive central bank money printing is supporting higher gold and copper prices over the long run.
- Out-of-control deficit stimulus spending to prop up the economy during the coronavirus pandemic may spike future money supply numbers.
- Seabridge is morphing into a must-own for precious metal portfolios, at least from my perspective trading similar businesses the last three decades.
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Huge Gold/Copper Reserves At Pennies On The Dollar: Seabridge