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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (51876)11/4/2007 10:05:36 AM
From: Ed Ajootian  Read Replies (1) | Respond to of 78419
 
Slan, Freegold Ventures (ITF.TO, FGOVF.OB) -- Thanks. The massive volume over the last 3 days of last week is a clue that something pretty big is about to get announced. This is the first time the stock has ever traded over half a million shares for 3 straight days, as far as I can tell.

Is it the updated 43-101 report on Almaden? I would be surprised since I don't think they have been able to expand the resource all that much since that last one (instead, the improvement will be mostly just an upgrade from inferred to M&I).

My hunch is that it is not the above but something totally new coming into the picture. I believe it will involve utilization of their portable small-scale production plant at some southern locale, where they basically get a piece of the action at some new gold site in exchange for moving their plant there for the winter.

In any event, something tells me that the next few weeks ought to be pretty interesting for ITF fans!