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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

Comment by BlueChipper2020on Aug 17, 2021 12:05pm
153 Views
Post# 33717102

RE:RE:Question...

RE:RE:Question...
Mackthenife wrote: I was thinking $10 by sept 2022


See my previous post. That is simply unrealistic and not based on any logical valuation. That would put FVL market cap at $3.4Billion and perhaps the highest of any junior on the planet. FVL can have as many global resource ounces however that does not mean they can be mined. They do not have a single ounce which is proven and probable (2P) reserves at this point. They do not even have a PEA. They need to do a lot fo drilling and even then no one including ES has those type of expectations. ES stated previously that if they dril this out the valuation will be between $500-$1B albeit USD. Not far off from my previous post. 

GLTA
BC
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