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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 GoneBrokeon Aug 16, 2024 4:44pm
208 Views
Post# 36183411

Great close @64 Cents Today

Great close @64 Cents Today

Considering that FVL began the week at .58 cents following the big sell off the other week > I think we recovered quite well indeed .
Like Mack and WTFOver mentioned > with gold closing at a new all time high > we should see our share price rise to another 52 week high shortly > even without  any additional news > we simply have  a huge resource of gold and a buyer  just down the road running out of ore to run through their mill . 
I'm not trying to be right about a news release next week but seeing how we only got the assays for 2 holes last month and KW mentioned that there was ( I believe) 10 additional holes finished at the time of the last release > I'm thinking that she could easily release 2 holes per month to bring us to the end of the year > personally, with gold doing its job right now ; I'd like to see more assays to take advantage of the gold spot price momentum . 

I'd also like to believe that the PEA will quickly follow the final drill assays > as the PEA should be nearly completed at this stage of the game ; with only needing to plug the final assays into the equation . 

There is strong accumulation of our FVL shares over the last month > the word has reached  some smart investors and they're trying to accumulate as low as they possibly can but that will only last so long > there are still a lot of sellers who are taking profits , who purchased at the 52wk low levels > I can never blame anyone for taking profits but the real share price value is way beyond where we currently are > so the sellers will likely have remorse before too long from now . 

have a great weekend 

 

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