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Freegold Ventures Limited


ADVANCING ONE OF NORTH AMERICA’S LARGEST UNDEVELOPED GOLD DEPOSITS


Bullboard - Investor Discussion Forum 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... see more

TSX:FVL - Post Discussion

Freegold Ventures Limited > Non expert take
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Post by BlueChipper2020 on Nov 10, 2020 11:23am

Non expert take

A few points I noted: 

If I exclude the shallow intervals in the 3 holes (which is great they have gold here BTW): 

2003-  From 306M to 580.5 yields 274.5M at 1.79gpt 

2004- This hole was terminated. As indicated 168M at .78gpt 

2005 - From 273M to 591M yields 318 metres x 1.83gpt 

Two of the above holes (2003 and 2005) along with the prior 2001, all hit mega high grades 2-3M x greater than 100gpt. 

Mining companies would die for the above results which are in an open pit situation. I think this stock will push higher once the big boys digest this, along with Sprott on Friday and maybe Brad Aelicks. 

One thing for sure is, we are talking about adding a lot ouces in these hole along with holes 2001 and 2002 peviously. 

The global resource they had officially is 6.5M ouces (outdated and obsolete now). The number today is much higher with added holes and the 1900 gold price. However that is for another day. This company will hit 10M ouces of resources (not reserves- there is a big difference) is short order and beyond just like Sprott said. 

GLTA
Comment by Chester55 on Nov 10, 2020 11:44am
BC2020 I couldn't agree more!!  What is a little unusual to me is the opposite movement on Monday with reference to gold price and now with good news there was a shot up in the morning with volume to boot!  After that a pullback down to $0.97 and hold and now down to $0.94.   very strange with such good results.  Not to mention gold is up $20 today from that $95 pull ...more  
Comment by TheCipster on Nov 10, 2020 11:48am
Chester the move in the SP definitely doesnt make sense but the good news is that we keep on adding ounces in the ground....I'm sure Kinross is liking this...
Comment by MaracleMaker on Nov 10, 2020 12:02pm
They are decent results Chester and more oz's will certainly be added to the resource moving forward and upon further assays.  If you take a closer look at hole 2005 you will find :where it says “including” means the higher grade intersection is included in the broad intersection. So 472m-591m is 3.78gpt “including” the 131gpt over 3m. So if you exclude that 3m and divide the remaining ...more  
Comment by Minray on Nov 10, 2020 12:09pm
Keep the faith Gentlemen. Excellent analysis by all on this post. Thank you for your input. Regards!
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Investor Presentation

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Investment Opportunity

GOLDEN SUMMIT

  • Major gold resource with exceptional infrastructure
     
  • Indicated Au ounces 12,011,000
     
  • Inferred Au ounces 7,736,000
     
  • Additional studies in progress
     
  • Gold in soil anomaly west of willow Creek covers area larger than current resource
     
  • Potential exists for higher grades at shallower depths and may significantly alter overall project economics
     
  • Updated Mineral Resource expected Q2, 2024
     

Contact Us

PO Box 10351
Suite 888 - 700 West Georgia Street
Vancouver, BC
604-662-7307
ask@freegoldventures.com