Seabridge Gold: KSM's Net Value Is 13x The Market CapSeabridge Gold offers significant upside, with KSM's net value over 13x its current market cap due to surging gold, copper, and silver prices. KSM is permitted, partly constructed, and boasts massive reserves, with after-tax NPV at spot prices reaching $34.5B (5% discount rate) versus SA's $2.6B market cap. Key catalyst is a joint venture with a major miner, expected soon; at least seven majors have conducted due diligence, with three finalists and a preferred partner identified.
Seeking Alpha10/28/2026Positive