Freegold Ventures Limited T.FVL

News after a day like this in the markets would be nice

[Chrysosgold]

EOM

[Chester55]

I was just thinking now would be a nice time for some results and then Gold to rip!!

[Mackthenife]

Don't hold your breath. 

[gmag66]

I am sure when they have news they will put it out.   Yes, these waits are painful but its is kinda stupid to put out an NR that says they are still waiting on the lab.   Their last NR clearly stated the bottleneck is at the lab.  

[Mackthenife]

They also said they had taken steps to remedy the situation on the AGM call. If you want to play with the big boys grab a set of balls and deal with the problem. Using Covid as an excuse doesn’t cut it anymore. 

[BlueChipper2020]

I have posted about the delays in a few lengthy posts with specific time frames including just a few days ago. However the delays are not really Covid any longer but extreme demand due to the number of mining companies doing drilling. The downsizing in Labs from the drought in demand up to FY 2018 is not easy to turn around. There is also an acute shortage of drill rigs and skilled labor in the

[gmag66]

Exactly BC,  100% agree

[Mackthenife]

You make a good case for governments to stop covid assistance, but there are juniors that put out assays as they get them instead of waiting for bunches of 3-4. Different philosophy, but it keeps investors engaged instead of going into hibernation. At the end of the day the 43-101 will be minimum 10m, so To The Moon 

[BlueChipper2020]

Correct. One thing I forgot to mention, is that there is not only a shortage of drill rigs/workers but also equally lab technicians and expert personnel. This industry was rock bottom in FY 2018 and there was a downsizing during the years 2013. I am not making excuses for FVL and have pointed out that this company's assay results are the slowest of any of my 5 juniors and updates also lacking

[Mackthenife]

I agree with everything you are saying BC, but my patience is wearing thin. zzzzzzzzzzzzzzzzzzzfest here 

[StonksInvestor]

Hate to be blunt mac but you only got two options: wait it out or hop onto something else. Both scenarios won't bring out these results any faster. Obviously I'm frustrated and I think it is fair to say that a majority of investors (retail) are as well. However,  if the delays are due to labor shortages and backlogs then the frustration will also be with management as they need the

[wealth2015]

number of investors don't have patience needed when investing in junior resource company, sometimes it takes year or two or longer for company to define project potential, but if numbers are good you can expect 100% + return on your investment. Keeping daily complaints about company not delivering drill results is not helping, company said they'll deliver results in batches and when they

[Mackthenife]

Say what you want, but it’s still a zzzzzzzzzzzzzzzfest. ‍

[Cougs79]

Hey Mack! Take it easy mon amie. I know you’ve been in this for quite awhile, and hope you took some off the table last summer. If you didn’t, you should give yourself a slap.  Not too hard though, because in the end you will be happy. 

[Mackthenife]

I did sell about 25%, but shoulda, woulda, coulda sold more. I’ll stop slapping myself when both eyes are sufficiently black.  Just kidding. Go FVL 

[BlueChipper2020]

I agree stonkinvestor. You lay out the facts and selling due to impatience is not wise. I have laid out the delays here many times and completely understand the fustration. We have had just 2 holes out of 80 planned in the 40K 2021 drill program released thus far and we are 7/12 to the end of FY 2021. We are also due the next set of drill results any day also. However, impatience is not a reason

[Mackthenife]

You guys need to chill, I’m just f....in with you! I’ve been on the FVL train for over10 years and know there is multiple millions of ounces of gold (15-20), so I will cash in at the same time you guys do. I have also seen some questionable decisions made in that time. The BOD comes to mind right now, but that is my own opinion.

[gmag66]

Hey Mac, just a little question for you....  If you have been it for so long why do you bash it so?  New investors might just happen upon this site and do a little reading before they potentially invest.  Reading your post might be a discouragement for them.  You likely are doing yourself more harm than good.   Just something to ponder. 

[Mackthenife]

That’s hilarious! You must not read Stockhouse 

[gmag66]

I certainly do for posts like those from Bluechipper and the like with real content and information .... your posts however make the reading taxing. 

[Mackthenife]

Can you tell me who the Board members were that attended the AGM ?

[gmag66]

Mac, it is not necessarily directly covid related, but rather the second order effects of covid like extreme labor shortages.