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Fireweed Metals Corp FWEDF


Primary Symbol: V.FWZ

Fireweed Metals Corp. is a Canada-based mining exploration company. The Company is engaged in the acquisition and exploration of mineral assets. The Company operates three projects located in northern Canada, namely Macpass Zinc-Lead-Silver Project, Mactung Tungsten Project, and Gayna River Zinc-Gallium-Germanium Project. The Company owns 100% of the district-scale 940 square kilometer (km2) Macmillan Pass (Macpass) Project in Yukon, Canada. The Company owns a 100% interest in the 37.6 km2 Mactung Tungsten Project located adjacent to the Macmillan Pass Project. It owns 100% of the 128.75 km2 Gayna River Project located 180 kilometers (kms) north of the Macmillan Pass project. This Project is host to various mineralization, including critical minerals zinc, gallium, and germanium as well as lead and silver.


TSXV:FWZ - Post by User

Post by KozmoTon Jun 16, 2023 2:09pm
182 Views
Post# 35500612

A cut n paste from your link, and thanks

A cut n paste from your link, and thanks"The company is focused on their base metals project in the Yukon which is looking to be world class at this point. The Lundin’s and Teck Resources each own a significant stake in the stock, and a buyout at some point looks likely. They have the largest High Grade Tungsten Deposit in the world, they just announced a resource here which may explain recent price action. They are going to be drilling all summer, so lots of catalysts ahead.

Stock had been consolidating for quite some time, but with recent newsflow, volume has returned to the stock and a breakout has occurred above important levels. This stock is very undervalued based on the projects but base metals projects haven’t gotten much love recently."

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