Ted Butler: The royal flush

Section:

1:30p ET Thursday, December 15, 2016

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler says JPMorganChase & Co. has cornered the silver market, accumulating a huge physical position even as it has been shorting the futures market, but won't let prices rise as long as it can keep building its inventory. (Does that sound like forever?) Butler's commentary is headlined "The Royal Flush" and it's posted at 24hGold here --

http://www.24hgold.com/english/news-gold-silver-the-royal-flush.aspx?art...

-- and at GoldSeek's companion site, SilverSeek, here:

http://www.silverseek.com/commentary/royal-flush-16185

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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Canadian Government Issues Key Water License
for Seabridge Gold's KSM Project in British Columbia

Company Announcement
Monday, November 21, 2016

TORONTO -- Seabridge Gold Inc. (TSX: SEA) (NYSE:SA) announced today it has received a license from the Government of Canada required for the construction, operation, and maintenance of the water storage facility and associated ancillary water works at its 100 percent-owned KSM Project in northwestern British Columbia.

The license, as authorized within the International Rivers Improvement Act, regulates all structures and activities situated on transboundary waters shared with the United States that have the potential to affect water quality and quantity. The Water storage facility and its ancillary water works (water diversion ditches and tunnels) are the primary water management control systems for the KSM Project. These facilities separate water that has not contacted mined material from so-called contact water originating from disturbed areas of the mine site and then contain the contact water prior to treatment and eventual release to the receiving environment.

These facilities are situated on Mitchell and Sulphurets creeks, tributaries of the transboundary Unuk River system that flows into Alaska. The license was granted for a term of 25 years under the International Rivers Improvements Regulations as administered by Environment and Climate Change Canada. ...

... For the remainder of the announcement:

http://seabridgegold.net/News/Article/642/federal-government-issues-key-...



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