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Bullboard - Stock Discussion Forum Freeport Resources Inc V.FRI

Alternate Symbol(s):  FEERF

Metals & Mining Industrial Metals & Minerals
Freeport Resources Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the exploration of mineral properties. The Company operates through one geographical segment: Papua New Guinea. The Company’s projects are Star Mountain Property, and Yandera Copper Project. Star Mountains Property copper and gold porphyry project in Papua New Guinea (PNG) comprising four... see more

TSXV:FRI - Post Discussion

Freeport Resources Inc > What's up
View:
Post by piperman60 on Oct 27, 2020 5:27pm

What's up

Hey

I'm new here but have been following this company for a couple months.  What is going on with the massive drop...  This seems like really good discount right now.
Comment by Hoss99 on Oct 29, 2020 9:35am
Looks like it's just a matter or time. GLTY https://financial-news-now.com/gold-bull-market-the-best-gold-stock-youve-never-heard-of-yet/
Comment by MirrorWorldMan on Oct 30, 2020 2:57pm
Warrants being flipped from the last offering  
Comment by piperman60 on Oct 30, 2020 4:09pm
Ah makes sense.  Volume went from around 40,000 to 10.5M shares sold in 21 days.  People are just selling their ITM warrents driving down the price.  I got in at .20 so i feel pretty good about that!
Comment by MirrorWorldMan on Nov 02, 2020 1:30pm
Yes, it looks like a scheduled transfer of share ownership between warrant holders and some buyers at an agreed threshold. Lets hope it is .20 and that is the bottom.  The post Reverse Split volumes says it all, as you say the trading wasd aenemic prior to all the NR.    Offering a magnitued of shares at .10 post Reverse Split is probably the most ludicrous thing a management group ...more  
Freeport Resources Inc
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