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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Royal Gold buys into Seabridge Gold
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It looks like our neighbours are getting some more interest from Royal Gold.

Royal Gold Increases KSM Royalty Option by Acquiring an Additional $18 Million in Seabridge Common Shares at 15% Premium to Market

Some of the NSR numbers are quite interesting. I wonder what how our NSR will compare.

"Royal Gold''s exercise of the Share Option therefore brings its total royalty option for KSM to a 2% NSR royalty for which the exercise price is C$160 million."

It also looks like KSM might beat us on our Environmental Assessment Application:

"...we expect to file the Environmental Assessment Application with the Provincial and Federal Regulators in January, 2013."

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