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Bullboard - Stock Discussion Forum Northern Freegold Resources Ltd. V.NFR

"Northern Freegold Resources Ltd is engaged in the exploration for mineral resources in the Yukon Territory, Canada and Arizona, USA."

TSXV:NFR - Post Discussion

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Post by Lara6730 on Feb 27, 2013 12:24am

6MM oz AuEq...

Been around many, many years in the market and I don't ever recall a company with an early exploration report of  6 MM oz AuEq trading at 8 cents with having only approximately 152MM FD shares O/S.

 

 I am also very encouraged by the fact that we have Sprott and Sun Valley Gold as Institutional Investors in our company (%'s unknown at this time).

 

It has been reported that Soros and Bacon have been divesting their gold holdings ( % not known) during the past quarter, but nevertheless, some entity(ies) is/are buying that gold.

 

 Bernanke's only choice is to continue some form of QE at this point in time.  That's only good for Au, and we have plenty of that and much more to come from Freegold Mountain.

 

 Right now, we are being played - bigtime.

 

 L.

Comment by Finnthecelt on Feb 27, 2013 9:56am
These are just insane markets. E.g., Tinka (32M oz AG), exploration company = $1.00. Impact Silver, producer = $1.00. Exeter Resources (19M oz eq AU) = $1.00.......?   Keep in mind that Soros sold GLD, reportable on 13F. Phizz is not reportable. Some of these firms have been selling GLD which appears bearish to the market place and they turn right around and buy the phizz on discount. Oh yeah ...more  
Comment by wintersun10 on Feb 27, 2013 12:01pm
releasing a PEA tends to take the air out of a stock, seen it a couple of times now.....
Comment by stint20 on Feb 27, 2013 12:19pm
air??? hahahahahaha....not much air on this one
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