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Freegold Ventures Ltd 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 GoneBrokeon Feb 10, 2024 4:21pm
150 Views
Post# 35874012

RE:NR

RE:NRIn retrospect Mack ... although I'm frustrated with the share price point at present time , I totally agree with your post .

The timing of the updated MRE and PEA should really coincide with a breakout in the price of gold , as you mention ( over $2,200- $ 2,500 ) 

I mentioned this in an earlier post > referencing the timing of the MRE and PEA

I believe we'll all see a positive change to the upsideof gold by May-ish and there-after.

It's easy for me to be frustrated  because of the  huge disconnect between our current share price  and the sheer magnitude of the size of our resource > 24 million ounces and growing !

I still maintain that the current share price should be running at $ 5

With all the geo-political turmoil around the world and talk of further banking woes , the Fed will eventually pivot creating the conditions most favourable for gold and FVL .

Just a little more time is needed , I suppose 
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