Freeport Resources Inc V.FRI

Crux Investor Interview

[CruxInvestor]

Hi all here is the link to our recent interview with $FRI: https://youtu.be/XnGWmny8thQ

Freeport Resources Inc. is a Canadian junior mineral exploration company with a diversied portfolio of gold, copper, garnet, molybdenum and tungsten properties in Canada. Freeport Resources Inc. recently acquired Quidum Resources and through its wholly-owned subsidiary, Highlands Pacic Resources Ltd, controls the Star Mountains project in Papua New Guinea.

[piperman60]

Thanks for this!  What is the timeline for a buy one (since the CEO stated this is Plan A)   Is it worth holding on till then or just sell if it spikes on drill results in early 2021 (modeling)

[MirrorWorldMan]

So FRI took the bait, diluted and purchased an early stage indebted .4%[copper & gold] PMG exploration project, in the hopes of beefing it up with results and selling the asset to a major. Lets hope they were not fooled into buying a dud and find the experience to carry out the plan. The dilution dropped the stock from post reverse split from .70 to .20, as the cheap placement stock is

[GenHandgrenade]

Very interesting go FRI on this project in the mean time please feel free to spin off the other properties into new companies and distribute their shares to us long suffering shareholders. I am more than happy to have shares of 4 new companies in my porfolio call them Hutton minerals, Q Exploration, Spanish Mountain Resources and Red Rose Mining.  

[MirrorWorldMan]

Real Trooper