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Fireweed Metals Corp V.FWZ

Alternate Symbol(s):  FWEDF

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 Oldschool2022on Dec 19, 2023 9:01pm
136 Views
Post# 35792944

Tight share structure-Lundin family owns 19.8% of float

Tight share structure-Lundin family owns 19.8% of floatFireweed has a tight share structure. Only 19.6% of the float is in retail hands. Lundin Holdings owns 19.8%, Close Associates 27.7%, Ibaera Capital 6.8%, Childress Family 12,8%, Teck 8.3%, and Management 5.0% of the shares. So that means the plubic float would be only 28.2 million shares. Do some research on their properties. 26 drill holes pending and should all be released in the next 30 days in 3 or 4 different batches. We got a 12.5% bump in the share price today. Maybe  anticipation of the first batch of results.
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