International Freegold *** Seriously Undervalued???

STOCKTALK

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Gold/Mining/Energy
International Freegold *** Seriously Undervalued???

An SI Board Since October 1996

Posts	SubjectMarks	Bans
43	0	0

Emcee: Joe Veres	Type: Unmoderated

Introduction Compact

Greetings,

Just wanted to give my opinion on a stock which I believe to be seriously undervalued. International Freegold (ITF:VSE) holds an option to earn 60% of the Almaden project in Nevada, which has gold reserves of approx. 900,000 ounces. If one assigns a value of $50 dollars an ounce for gold in the ground, this works out to around 45 million. Sixty percent of 45 million, would be 27 million which divided by ITF's 8.5 million shares outstanding, would make the shares worth approx. 3.30 per share. Add to this the fact that ITF has 4.5 million in working capital and no debt, this stock should be trading WAY, WAY HIGHER!!!!!!

Opinions, Anyone??????????
Joe Veres

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
43	Freegold Drilling to Focus on Expanding Pogo-Style High-Grade Gold Veins at Rob	NYBob1	-	4/2/2008
42	GOLD is a good buz today - ITF working on the old rich mines - Freegold Drilling	NYBob1	-	11/1/2007
41	BTV-Business Television Features Freegold Ventures, and Astral Mining, Analysts:	NYBob1	-	10/18/2007
40	FreeGold Eternity Real Values - <img src='http://www.freegoldventures.co	NYBob1	-	10/5/2007
39	Freegold Drilling Hits 50.2 g/t, 34.8 g/t, and 21.9 g/t Au in Significant Beis	NYBob1	-	7/31/2007
38	Int'l Freegold acquires additional Sudbury properties International Freeg	Brumell	-	6/23/2000
37	To The Thread: I am pleased to announce, that I have accepted a position as a C	Just G	-	6/6/2000
36	Thanks Vaughn. Have a nice evening. Regards G	Just G	-	5/2/2000
35	Hello Just G Appears to be in with ITF? Off to pick up the kids. Take care.	VAUGHN	-	5/2/2000
34	Vaughn: You are most welcome and no I didn't.. I will check it out.	Just G	-	5/2/2000
33	Thanks Just G Did you see the Lattitude Minerals NR on the other ITF thread?	VAUGHN	-	5/2/2000
32	VAUGHN: It was wonderful. There wasn't much rain, which was nice,	Just G	-	5/2/2000
31	Hello Just G How was London. It rains harder in Vancouver but you'll get	VAUGHN	-	4/27/2000
30	International Freegold options metal projects in Alaska In	Just G	-	4/26/2000
29	Hello Ed Out from ITF: April 7, 2000 Diversifies Its Precious Metal Portfoli	VAUGHN	-	4/9/2000
28	Hello CLK This reference to this Haywood report in Fagan's NL might be an	VAUGHN	-	4/3/2000
27	Hello CLK As a very knowledgable gentleman pointed out to me who's opinion	VAUGHN	-	3/31/2000
26	Well now we can see at least in part why ITF is running. PFN has exploded to th	CLK	-	3/31/2000
25	Hello Ed Licking my wounds from last year and waiting for some plays to mature	VAUGHN	-	3/31/2000
24	Where u been hiding???... I'm trying to pick some up now, but alas I'm	Ed Pakstas	-	3/30/2000
23	Hello Ed Long time no chat. Are you still in this play? A gentleman who I ha	VAUGHN	-	3/30/2000
22	Stock has gone from .07 to .25 today...so one must say that a run is imminent b	CLK	-	2/17/2000
21	Work programs commence at Fairbanks, Alaska; TSE listing In	Ed Pakstas	-	6/3/1998
20	LOL...WJ...More like "only on the VSE you say"...ed	Ed Pakstas	-	4/6/1998
19	short term is bearish, long term bullish tried to find out who picked up the 65	W.J.	-	4/6/1998

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