$6,500 Gold by 2027? | Rudi Fronk – Seabridge Gold

In this conversation with Rudi Fronk, Chair and CEO of Seabridge Gold Inc. (TSX: SEA) (NYSE: SA), at the Rule Symposium for Natural Resources 2026 in Boca Raton, we discuss why he believes the recent pullback in gold is temporary, why Seabridge still expects gold to move back to new highs, and how higher metal prices change the economics of KSM.

Rudi breaks down why KSM works even at much lower gold prices, how infrastructure around the project has improved, where the joint venture process stands, and why naming a major partner could be the biggest rerating event for the company. We also get into the legal challenge around the substantially started designation, the Valor Gold spinout, the $33 billion NPV sensitivity, and the scale of a project with a potential 150-year mine life.