Notes
Updated
FreeGold Ventures FVL
Exploring for gold and copper near Fairbanks, Alaska. FVL completed a preliminary economic assessment in Jan of 2016.
With data provided from PEA(done with a $1,300oz):
-24 year mine life
-peak annual production of 158,000 ounces
-total production 2,310,000
Quick Rough Math
2,310,000 x $1,700 = $3,927,000,000
I WOULD THINK SOMEONE WOULD MINE THIS FOR POSSIBLY 4 BILLION DOLLARS.
LINK:
freegoldventures.com/site/assets/files/2091/august_2019_15_email.pdf
Cheers.
Not trading advice.
Exploring for gold and copper near Fairbanks, Alaska. FVL completed a preliminary economic assessment in Jan of 2016.
With data provided from PEA(done with a $1,300oz):
-24 year mine life
-peak annual production of 158,000 ounces
-total production 2,310,000
Quick Rough Math
2,310,000 x $1,700 = $3,927,000,000
I WOULD THINK SOMEONE WOULD MINE THIS FOR POSSIBLY 4 BILLION DOLLARS.
LINK:
freegoldventures.com/site/assets/files/2091/august_2019_15_email.pdf
Cheers.
Not trading advice.
Comment
FVL is in the game.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.