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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 sooner1on Aug 13, 2020 1:00pm
195 Views
Post# 31404045

RE:RE:RE:RE:Being Nervous!!

RE:RE:RE:RE:Being Nervous!!Hello there. I only have a small position in Freegold as I had little dry powder at the time of purchase. I just wanted to say a few things to those who worry about their current lack of gains or losses on paper. Last summer I purchased a lot of shares in the three amigos as they call it - TUD,AMK,TUO. At the time this was my first foray into the junior mining space. I did my due diligence and really believed in the project and the management of the companies. What I didn't realize is that I entered into my positions at the worst time possible because at  the time I didn't know the drilling season was over and there would be a long time before any additional drilling results!

To make a long story short, I watched as the stock prices of all three companies sank  day after day all fall and winter until I was underwater over 50% on all three!! I didn't sell one single share during this time. In fact I added to all three because I truly believed in the future of the Treaty Creek Project. And this drop persisted until this spring...around 9 months!!  Now all three are up 300-400% with this year's results so far!  My point is you have to do your due diligence and firmly believe in the management and the project otherwise you shouldn't invest your hard earned money at all! Freegold will be succesful I firmly believe!! GLTA!
Bullboard Posts