Bullboard - Stock Discussion Forum Fireweed Metals Corp FWEDF

Primary Symbol: V.FWZ

Metals & Mining Industrial Metals & Minerals

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... see more

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TSXV:FWZ - Post Discussion

Fireweed Metals Corp > Tight share structure-Lundin family owns 19.8% of float

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Post by Oldschool2022 on Dec 19, 2023 9:01pm

Tight share structure-Lundin family owns 19.8% of float

Fireweed 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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