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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 Chester55on Sep 13, 2020 12:21pm
305 Views
Post# 31549931

Critical weeks to come with many

Critical weeks to come with many

Factors that could affect SP.  It's a tough time right now to be holding Jr Gold stocks with many factors playing into it.  

1. Covid 19
2.  Market manipulation
3.  Gold prices (also manipulated)
4.  Presidential election
5.  Economic downturn
6.  Of course drilling results
7.  Timing of drilling results 
8.  Other markets flourishing 

what's in store for FVL?  One can only hope POG does not go down, in the midst of drilling results it's painful to wait and also would be painful to miss a big hole result giving a 30% gain for the day.  We just experienced a $0.80 pullback from the 52 week high of $1.95. 

I might just see how things go here next week.  We might see more pressure to sell and or the stock might slightly recover because there are some very important holes pending.  

As for me I'm going to try and keep picking up stock at a good price and hope for the next release results.  

Am I kicking myself for not selling some at $1.80 and $1.65 and $1.40.......  YES but that's the game.   Sometimes having too much faith or greed can do that to a guy.  These things take time and I was a little too anxious I guess.  

it's an exciting time so let us remain patient and leverage with this stock price drop and cash in when gold results come!!

cheers

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