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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 SafeInvestoron Sep 17, 2020 10:52am
181 Views
Post# 31574092

The big hands are holding long

The big hands are holding longThe daily volume as compared to outstanding shares is minuscule.

I will follow the big hands...the volume we are seeing is short term players getting out and day traders moving sp.  Much of the volume is recycled through the same hands playing the intraday.

Do you think ES is concerned that his small (relative to his net worth) fortune has gone from $1.95 to  $0.95 per share?  If he was, volume would be much higher than the recent high of 5 million and typical daily range that is under a million.

When under a million shares move the sp 12-13% in a single trading day against an issuance of this size, it is obvious where the price movement is coming from.

Hold strong...you will be glad you did.
Bullboard Posts