Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Ed Ajootian who wrote (49438)	10/27/2007 2:27:19 PM
From: Ed Ajootian	Read Replies (1) of 78419

Freegold Ventures (ITF.TO, FGOVF.OB) -- The cheap warrants expired on Friday so finally we will get a chance to see how this thing trades without any artificial overhang of supply of shares. From the volume in the last month it looks like only about half of the former warrant holders, at most, blew out their stock. This strong vote of confidence obviously bodes well for the stock. The stock hit a new high yesterday which is a big clue that whoever had decided to blow out their cheap shares has finished doing so. I guess the warrantholders figured they are not likely to get an opportunity to buy stock for as low as what they exercised those warrants for. Management has said they have enough cash to last until the end of '08 at this point. My guess is that this stock will be on the Amex within 6 months.

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