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Freegold Ventures Limited T.FVL

Alternate Symbol(s):  FGOVF

Freegold Ventures Limited is an exploration stage company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties. The Company is focused on exploration activities in Alaska on its Golden Summit and Shorty Creek Projects. The Golden Summit Project is a road accessible gold exploration project near Fairbanks, Alaska. The Project consists of several long-term leases, including Keystone Claims, Tolovana Claims, Newsboy Claims, Green Claims, Chatham Claims and Alaska Mental Health Trust Property and claims and lands owned by the Company. The property is comprised of 53 patented claims, 107 unpatented federal claims, and 240 State of Alaska claims that cover a total area of 5,971.6 hectares. The Shorty Creek Project is located 120 kilometers northwest of Fairbanks, Alaska and four kilometers to the south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District.


TSX:FVL - Post by User

Post by HepburnMcRaeon Jul 01, 2020 2:44pm
212 Views
Post# 31212876

Still holding FVL

Still holding FVLBought in at .32. Nice return thus far. Gold is reacting today to Pfizer vaccine news and ADP Jobs report increase. Despite Pfizer stating more research was required, antibodies not necessarily key to vaccine the market reacted in its typical fashion with risk appetite increasing and optimism driving up equities. In the near term not good for gold. Very good for gold medium and long term however. This intermittent risk on/risk off scenario is creating a bubble that when coupled with trillions in stimulus and increasing national debt will invariably burst taking the value of the usd with it. What we need is the perfect storm: A risk averse market and a weak USD. We're just about there. I have noticed though FVL is highly leveraged to the price of gold it's sp will not fluctuate as much as it used to when gold moves. We crested 1800 futures yesterday, barely a yawn from FVL. This is good as we're clearly consolidating long term support, with only one way to go, UP! I'm holding FVL long term. I project with the numbers I've seen and the drilling numbers pending 10.00 plus sp
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