Seabridge Gold is putting up a $5M convertable debenture and taking some cash to create essentially a new entity from the company that owns the property with good results next door. This is going to be big folks URL of deal http://miningmarketwatch.net/btr.htm If you look at metrics it will hold ground and move higher as it has strong hands and 650K ounces gold plus plan to move it to $3M ounces and cash to do it all with 40M shares outstanding by the time it shakes out. That by a reverse marketcap analysis should give trading calue of $1 plus per share, so it is an easy buy here.