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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
Post by BurnyBoyon Sep 16, 2020 5:55pm
334 Views
Post# 31571684

You never lose money taking a profit...

You never lose money taking a profit...Bought Spanish mountain gold at $0.1334 (146,000 shares = $19,473). It went up to around 0.74 shortly after an Eric Sprott investment. I was up $84,926,89 in PROFITS. but I waited, sold a little near the top, and sold the rest at $0.45, bought some more at $0.50, sold it all at 0.62. Anyhow, in the end, I made about $62,000 in profit on a $19,473 investment. I "lost" about $21,000 because I got greedy. Took my profits, paid some debt (Had I sold at the top and not been greedy, when everybody was excited, including me, I would have paid off everything AND bought a sweet 85 inch TV to watch those 80s Arnold flicks I love), and kept a little money I reinvested in other sub $0.1 stocks. I'm just being transparent here, I got lucky with SPA and am grateful for the money I got. I followed the FVL board (because when SPA went parabolic, some posters over at the SPA board compared SPA to FVL and the incredible price rise FVL experienced, saying SPA was going to experience the same rise). I feel your pain guys, I learned a lesson with SPA. When the price of a stock goes up bats**** crazily, sell. You never lose money when you make a profit, and don't get the FOMO, that's when you lose money. All these projects are great, they should be worth more, they probably will be worth more, but when? Who knows. The market can "correct" or go down longer than you can stay solvent. If you're up, making a profit, sell and enjoy the money. don't look back. Oh and buy your shares with your TFSA, no money for those bas****ds at the gov. (sorry for my English, I have two defects: 1 I'm a little drunk, and 2: i'm French)
Bullboard Posts