TSXV:FWZ - Post Discussion
Post by
Oldschool2022 on Dec 21, 2023 2:27pm
Will we get news before Christmas?
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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