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Freegold Ventures Limited T.FVL

Alternate Symbol(s):  FGOVF

Freegold Ventures Limited is a Canada-based company focused on exploration in Alaska. The Company holds Golden Summit Gold Project near Fairbanks and Shorty Creek Copper-Gold Project near Livengood through leases. The Golden Summit Project is a road-accessible gold exploration project near Fairbanks, Alaska. The project comprises approximately 53 patented claims, 107 unpatented federal claims, and 244 State of Alaska claims that cover a total area of 6,110.4 hectares. The property includes Keystone Claims, Newsboy Claims, Tolovana Claims, Green Claims, Chatham Claims, Alaska Mental Health Trust Property, Alaska Mining and Development Property, Discovery Claims, and Cheechako Claims. The property includes three main rock units: Fairbanks Schist, Chatanika Terrane and intrusive rocks. The Shorty Creek Project is 120 kilometers northwest of Fairbanks, Alaska and four kilometers south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District.


TSX:FVL - Post by User

Bullboard Posts
Comment by AuntiePenny2on May 16, 2020 11:01am
183 Views
Post# 31037741

RE:US stocks to a Canadian exchange - ???

RE:US stocks to a Canadian exchange - ???Should be no problem if you're dealing through a normal broker. I do it once in a while but you'll get skinned on the exchange rate - typically > 1% each way depending on how big the transaction is. For instance, if you buy $1000 worth of an interlisted stock in the US through a Canadian funds account you'll be nailed with a $15 currency exchange charge in addition to brokerage.

If you have both a US funds account and a Canadian funds account and you want the interlisted stock you bought in the US account in your Canadian account you can get your broker to journal your stock overnight from one account to the other so that you avoid the exchange charge but the eventual proceeds are in the currency of the account you sell your stock through. This only works if you had enough in the US account to cover the purchase so that whoever sold you the stock gets paid in full in US funds - otherwise you still get nailed for the exchange rate on the balance.
Bullboard Posts