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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 BlueChipper2020on Feb 03, 2021 11:38am
215 Views
Post# 32458568

RE:RE:RE:Long term

RE:RE:RE:Long termStockinsider225

Do you know how deals are made in the junior mining business? You say "Kinross would have already". Wrong. Forget about Kinross. 

You cannot make a deal unless you know what you are selling or are buying. We do not know that yet. FVL only did 35000 metres of drilling in a decade before the big hole GDS 2001 hit last May. Add the limited drilling since due to Covid and pending assays and pending drill program, and you do NOT have sufficient information on how to make a deal. These things take time and Sprott will sell when FVL has drilled out and updated their 43-101 and PEA. Then we are talking. One thing in the junior mining business is anyone who thinks they can predict what will happen, what the resource will be, or may buy out, will it go into production is chasing fools gold. You never know and must make educated common sense decisions. Finally if you have no patience FORGETTABOUTIT. YOu will never never never make money in this sector. 

GLTA 
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