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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 GoneBrokeon Apr 20, 2024 5:10pm
292 Views
Post# 35999747

FVL is one of North America's Largest Undeveloped Resources

FVL is one of North America's Largest Undeveloped Resources The FVL resource is presently somewhere around 30 million ounces of gold with the eventual potential of over 50 million ounces .

There is no reason to believe that our share price shouldn't  triple by the end of June 2024 from our present share price . 
a) The geo-political situation in the middle east and the Ukraine / Russia front .
b) The direction both gold and silver are heading will do it's part as we go forward 
c) There is an approaching major banking crisis , with upwards of 258 American banks in trouble failure going into the last 2 quarters of 2024 do to the commercial real estate market .

With gold and silver ( silver will likely breakout over the next 2 months ) both moving upward and FVL's updated MRE being released before the end of this quarter  ; there is reason to believe that our share price could possibly reach $ 1.50 

So, that's it ; lets set our collective intentions to reach a target share price of $ 1.50 or better by the end of June 2024 .

It's a completely reasonable target given our massive resource and the current state of combined Geo-Political ,  Precious Metal Bull Market and Financial Economic state of affairs .

We have so much to be positive about as we go forward .

That's all I have right now and I'll check back again toward the end of June > with the hopes that we will be closing in on our new target share price .

Take care and be well


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