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.

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Freegold Ventures Limited > It’s a drilling update with not results

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Comment by Minrayon Oct 27, 2020 3:30pm

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Post# 31789914

RE:RE:RE:RE:It’s a drilling update with not results

Thank you sir, I very much appreciate the additional contexts and clarification. Glad to see your response! Regards.

BlueChipper2020 wrote: Minray,

If you read my posts the past few days and prior, I never said the price is not going past $1.95. I said that if the price reaches $1.50, approximately, the market cap value of the company will be the same as the intraday trading high of $1.95 reached August 4th or so. That is because there are now 330M shares o/s vs. about 260M at that time. So if you bought at $1.95 you will have to wait a bit. How long? depends.

If they hit mega high grade similar or even close to hole 2001 and can show good strike etc. , then sooner rather than later if the overall market also turns.

If the upcoming holes are similar to 2002 (wide interval around1gpt), then you will have to be a lot more patient.

GLTA