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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

Post by Mackthenifeon May 05, 2023 7:40pm
350 Views
Post# 35434112

Options

OptionsThere are 6,585,000 options in the May presentation.5 of the directors have exercised their options already and I suspect the other 5 will soon. There must be a NR coming in June which will vault the share price to new highs, otherwise they would just sit on the options. Or perhaps they think that a vote may result in their expulsion from the Board and the options may be revoked. Just spitballing here, but something is odd about the timing and the purchases going on. Thoughts anyone? 
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