Freegold Ventures Limited T.FVL

Alternate Symbol(s): FGOVF

Metals & Mining Gold

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.

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Freegold Ventures Limited > I hope you are right Luv

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Post by Chester55on Dec 12, 2020 1:28pm

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Post# 32093617

I hope you are right Luv

But with so many factors driving things right now it's hard to say what will be needed to make her run again. I saw some impressive drill results come out this week and not much movement on prices of other stocks. That doesn't mean the same for FVL but it does trend investor sentiments for the sector. Oil bounced back and you can see the shift to performing sectors.

I for one think that a few things will get it moving again the way we are all eagerly awaiting.
1. Drill results to be favourable
2. POG back up above $1900 and closer to $2000
3. Stimulus package!!!

And of course time and added patience from us!

cheers and Merry Christmas and happy holidays

Kinross is mining 0.35 g/t right now with resources depleting. With high and low grade gold at a combined average of .9g/t that's three times the return of their current feedstock. And even if their resource is different I remember Eric saying there is technology that would make the gold extraction more efficient.