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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 stockpunter2on Dec 04, 2024 9:47am
150 Views
Post# 36344925

RE:some background ( on a slow news day)

RE:some background ( on a slow news day)to finish the story:  mr Sprott brought his average price up by the purchase of some 20mil shares @1.10  THEN SP WENT TO 0.40s FOR SEVERAL YEARS.  ANOTHER LESSON IS THAT THESE MINING PROJECTS CAN EXPERIENCE STOCKMARKET EXUBERANCE, THEN BE DORMANT FOR QUITE A WHILE.
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