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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 Jul 23, 2021 3:51pm
134 Views
Post# 33597280

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News after a day like this in the markets would be nice

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News after a day like this in the markets would be nice
StonksInvestor wrote:

Hate to be blunt mac but you only got two options: wait it out or hop onto something else. Both scenarios won't bring out these results any faster.

Obviously I'm frustrated and I think it is fair to say that a majority of investors (retail) are as well. However,  if the delays are due to labor shortages and backlogs then the frustration will also be with management as they need the results as well to plan their next holes.

I keep accumulating because I have faith and I'm in no rush for the money that I'm putting away. At the end of the day, we all have a choice to wait or not. I think this could be worth the wait. 

If it helps, start day dreaming to what the stock price could be :P I'm hoping for a price range of $3-$4 but who knows what these holes discover. 



I agree stonkinvestor. You lay out the facts and selling due to impatience is not wise. I have laid out the delays here many times and completely understand the fustration. We have had just 2 holes out of 80 planned in the 40K 2021 drill program released thus far and we are 7/12 to the end of FY 2021. We are also due the next set of drill results any day also. However, impatience is not a reason to sell. You will regret it in my view. Drill results continue to add to the global resource and we are so overdue for some exploration surprise(s). 

This is one worth waiting on. I also have posted several times that if you have a blue chip portfolio which is 90% of your equities and say, 3 other juniors which I have, then waiting on FVl is not a problem. My main focus like ES is on Newfoundland where I have 2 terrific plays. I have one other very early stage in Nevada and then of course FVL. So fustration and impatience do not lead me to make bad decisions. When I sell in the future (not all of it) it will be for logical sound investment calculations. 

GLTA
BC
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