Freegold Ventures Limited T.FVL

Alternate Symbol(s): FGOVF

Metals & Mining Gold

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

Freegold Ventures Limited

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Post by SafeInvestoron Sep 17, 2020 10:52am

166 Views

Post# 31574092

The big hands are holding long

The daily volume as compared to outstanding shares is minuscule.

I will follow the big hands...the volume we are seeing is short term players getting out and day traders moving sp. Much of the volume is recycled through the same hands playing the intraday.

Do you think ES is concerned that his small (relative to his net worth) fortune has gone from $1.95 to $0.95 per share? If he was, volume would be much higher than the recent high of 5 million and typical daily range that is under a million.

When under a million shares move the sp 12-13% in a single trading day against an issuance of this size, it is obvious where the price movement is coming from.

Hold strong...you will be glad you did.

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