Freegold Ventures Limited T.FVL

I don't understand

[Garfield]

I'm new at this and I don't understand why FVL and AMK are down when the price of gold is rising steadily and TSX is down. What's going on? I bought FVL at 0,43... is it time to sell?

[bantaly]

DO NOT SELL , FVL IS OVER 2$ WHEN DRILLING RESULT IS OUT, JUST WAIT MARK MY WORDS

[HepburnMcRae]

Absolutely not, don't sell. While flv is leveraged to the price of gold it as an equity traded on the market. It will find a level at which to consolidate support after its signifigant rise. This stock has increased in value well over 1000% percent in mere months. It seems imo to be consolidating 1.30 ish as a support 1 with a bottom support of 1.25. This is important as usually when a stock

[Garfield]

Thank you HepburnMcRae ... I need info like this to understand this game a little better

[CopperMaiden]

Well Said

[goldmonger]

Great explanation.  To add a little bit to that, at this level and with the action currently running rampant in the Junior mining market, there are shareholders who have seen their investment return more than 1000% (as HepburnMcRae said). That's a good time to take some profit off the table and spread it around a few other juniors who are late bloomers. I myself will be holding this

[SafeInvestor]

WOW! I will take it! Cross my fingers that you are right. Whatever the assessment, I am a hold at a current 5 bagger. 

[BlueChipper2020]

GoldMonger,  Thanks for your analysis. However, may I make a few points.  1. Your math is incorrect.  6.5M ounces x 100 / 241m shares = $2.70.  2. More importantly, the Company has 6.5 ounces which includes about 4.5M of inferred ounces. Those type of ounces are the least geological confidence. The Company needs to do a lot more drilling to get them into the indicated and

[CopperMaiden]

Well Said.

[goldmonger]

BlueChipper,  Great insights and thanks for adding significant detail to my very rough calculations. I'm looking about 12-18 months out  for about $10 (Blue sky). As the drills turn and news comes out, the picture will become clearer, and blue sky will turn in to focused expectations.

[Chester55]

Goldmonger wouldnt that be something!! cheers i have the same opinion, I've crunched the numbers on many scenarios.