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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 GoneBrokeon Feb 10, 2024 4:21pm
188 Views
Post# 35874012

RE:NR

RE:NRIn retrospect Mack ... although I'm frustrated with the share price point at present time , I totally agree with your post .

The timing of the updated MRE and PEA should really coincide with a breakout in the price of gold , as you mention ( over $2,200- $ 2,500 ) 

I mentioned this in an earlier post > referencing the timing of the MRE and PEA

I believe we'll all see a positive change to the upsideof gold by May-ish and there-after.

It's easy for me to be frustrated  because of the  huge disconnect between our current share price  and the sheer magnitude of the size of our resource > 24 million ounces and growing !

I still maintain that the current share price should be running at $ 5

With all the geo-political turmoil around the world and talk of further banking woes , the Fed will eventually pivot creating the conditions most favourable for gold and FVL .

Just a little more time is needed , I suppose 
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