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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

Comment by AndreasZon Oct 31, 2020 11:31am
236 Views
Post# 31818511

RE:RE:RE:RE:Eric bought just in the last 2 mins of the trading day....

RE:RE:RE:RE:Eric bought just in the last 2 mins of the trading day....Eric has a nose for exploration. I mean early exploration...
Once a company has something real, he purchases in tranches.
With Freegold, his first purchase, was on 05-09-2019 @ .0625/share and it came with 1/2 a warrant. (GENIUS) Investing just  1.9M he got just over 31M shares. 
As a company moves forward with better and better results, he just continues to add.
The latest tranche of Freegold 29-07-2020 was Eric spending $20M @ $1.10/share, came with 1/2 a warrant at priced at $/share $1.65 which he has 24 months to exercise.
So Eric has purchased 82,395,331 shares @ an average cost of $0.3258.
I can assure you nobody other than his genius can get those prices.
What is extremely encourging for us shareholders is that the chunk of his bet is at $1.10/share.
I hope this clarifies!
Be well, have a good weekend
*And please give me a few likes as I am new at this, it boosts my endorphins!!!
I will offer more content :-)

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