Freegold Ventures Limited T.FVL

New PEA

[Mackthenife]

Can’t wait for a new PEA if grades continue to go higher. If we are close to 1 GPT it will lower our all in cost by about $140.00. Fuel and wages will be a little more, but taxes may still be lower. All in all we should be in between $700.00 and $750.00 with ? Gold price.  Potentially very good economics.

[BlueChipper2020]

Hi Mackthenife,  The updated PEA will not be until next year, likely next spring/summer at the earlist assuming they do it after the FY 2021 program is completed. Completing the 40,000 metre program with all assays will take this year into early next at the pace we are going. There is also the time it takes to get a PEA done. I am also not sure why they would not want to come up with an

[Chester55]

I believe you are correct.  This is meant to be taken over.  What I'm looking forward to is increasing shares as much as I can for as long as I can.  I'm excited for this to come to some point next year.  And by then I will have accumulated a beautiful nest egg.  If all goes well this stock should finish $5-$6.  Higher if the ounces surpass expectation.