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Freegold Ventures Limited


ADVANCING ONE OF NORTH AMERICA’S LARGEST UNDEVELOPED GOLD DEPOSITS


Bullboard - Investor Discussion Forum 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... see more

TSX:FVL - Post Discussion

Freegold Ventures Limited > Does anyone know the current financials of FVL ??
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Post by GoneBroke on Nov 10, 2022 3:27pm

Does anyone know the current financials of FVL ??

I just wonder where we sit going into 2023 > whether there is plenty of money to go forward with the pending assays and MRE .

Is there enough money to carry forward in 2023  with further drilling , permitting and BOD salaries ??

Lately , I been feeling like there has been an unseen effort to achieve an above .50 cent stock price > perhaps leading to a private placement offering for financing at 50 cents  ( maybe a news release following some impressive drill results wiill occur ?)

I'm just thinking out load ... I'd appreciate if someone could bring some light to my paranoia
Comment by Mackthenife on Nov 10, 2022 5:18pm
I believe it was about 8.8 million left at the end of September. Might be a much smaller drill program going after key spots next year. Having said that, there should be a fairly substantial Resource Estimate in the near future, which should get interest from Majors.
Comment by GoneBroke on Nov 10, 2022 6:38pm
Great , that's a relief to hear Mack > thanks for that ;) I do look forward to the rest of the 2021 drill results , the 2022 drill results and the updated MRE . It seems like there won't necessarily be any kind of dilution to worry about after all and 2023 could possibly take all of us to the end of the rainbow ... Thanks again Mack !
Comment by itsjustme1 on Nov 11, 2022 11:59pm
Lol. Smooth bash.I love it
Comment by BurnabyJoe1919 on Nov 16, 2022 1:24pm
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004004 Hope this link works. Interim financial statements from Sedar dated September 30, 2022 released November 14, 2022. Cash balance is $4,052,087 US dollars. FVL spent $13.5 Million on exploration costs from September 2021 - September 2022. So it seems likely that a private placement will take place to fund whatever ...more  
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Investor Presentation

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Investment Opportunity

GOLDEN SUMMIT

  • Major gold resource with exceptional infrastructure

  • Indicated Au Ounces 12,050,000 @1.08 g/t

  • Inferred Au Ounces 10,306,000 @ 1.04 g/t

  • Additional studies in progress

  • Gold in soil anomaly west of willow Creek covers area larger than current resource

  • Potential exists for higher grades at shallower depths and may significantly alter overall project economics

  • 2024 drilling underway

Contact Us

PO Box 10351
Suite 888 - 700 West Georgia Street
Vancouver, BC
604-662-7307
ask@freegoldventures.com