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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 Stockmoves1on Mar 23, 2022 5:12pm
139 Views
Post# 34539400

What's a Guy to do...

What's a Guy to do...If you're a bel;iever in this resource and go long and totally ignore it for the long road home you will have to be awfully patient and hope Gold breaks out before the stock breaks down again.. Personally I am long on a play or two because I am a believer in the play... In the case of FVL i feel it's bearish so unless the market is with us or this gets oversold again I sit on the sidelines... Look at TUD and do not tell me about low grade when it potentially has a resource the size of SEA and trades at 1/5th market value.. Until the market says GOLD is the flavor of the day nothing changes.. CASH is still King, so unless Gold breaks out and we get a rally in these plays not much happens because shorts have the control.... SO we hold the plays we like long term and the others we patiently wait for oversold and re-buy.... 50 fails and this is bearish that's all I know....
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