GoldSeek TV Interviews Rudi Fronk, CEO of Seabridge Gold: Huge addition to the largest undeveloped Gold Reserve
-- Published: Tuesday, 10 June 2014 | Print | Disqus
GoldSeek TV presents an exclusive interview with Rudi Fronk, the Chairman & CEOofSeabridge Gold (NYSE: SA, TSX: SEA). He discusses several topics with interviewer Vanessa Colletteincluding:
- Huge Addition to KSM - Deep Kerr
- Good drill results expected from this Summer's program
- A lot of could happen in the next 12 months
Taped on-location in Vancouver, Canada at the 2014 - Cambridge House
Canadian Investor Conference (June 1-2, 2014)
Rudi P. Fronk, Chairman and Chief Executive Officer, has over 30 years experience in the gold business, primarily as a senior officer and director of publicly traded companies. From 1999 until June 2012, Mr. Fronk served as President and CEO of Seabridge Gold. Prior to Seabridge, Mr. Fronk held senior management positions with Greenstone Resources, Columbia Resources, Behre Dolbear & Company, Riverside Associates, Phibro-Salomon, Amax, and DRX. Mr. Fronk is a graduate of Columbia University from which he holds a Bachelor of Science in Mining Engineering and a Master of Science in Mineral Economics.
Seabridge Gold Inc. is designed to provide its shareholders with exceptional leverage to a rising gold price. From 1999 through 2002, when the gold price was lower, Seabridge acquired nine North American projects with substantial gold resources, including Courageous Lake and KSM. Subsequent exploration by Seabridge has significantly expanded its acquired gold resource base.
Seabridge considers each of its common shares to represent an indirect ownership interest in its reserves and resources. Their aim is to increase the value of this ownership interest by growing reserves and resources faster than shares outstanding. Project acquisitions, exploration and engineering programs are carefully designed and monitored to ensure that equity dilution required to fund these activities is more than offset by additional reserves and resources.
Seabridge is pursuing three value-enhancing strategies. First, the Company continues to search for gold projects in North America which would be accretive in terms of gold resources. Second, Seabridge funds exploration and engineering work considered likely to expand resources and upgrade them to reserves. Third, Seabridge sells or partners its projects when they reach the production stage, to limit risk and share dilution.
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