/biz/ - Business & Finance

>>30040194
You're welcome. This is a report from Haywood which argues for a price of 1.50 CAD, made before recent drill results which made things look even more promising. It also doesn't even take into account the silver component. Finland anon on /pmg/ is another investor in FWZ so you might find it interesting to talk to him. I also recommend https://ceo.ca/fwz

>>26469564

You might be interested in "base metal" mining stocks where the silver component is either overlooked or only one component. Fireweed Zinc is an excellent speculation as a zinc stock and has the potential to be a tier 1 resource, but its silver credentials are so good that it would become a quintessential silver stock at $40+ silver. At higher silver prices still it would be a silver stock rather than a zinc stock. But most people don't even know or care about the silver part because it is too low grade to take notice of--for now. (40 gpt.) Haywood put a 1.50 CAD price target on FWZ despite making no mention of the silver.

>>25215014

Revenue only matters if you are valuing a producer. You are comparing two completely different things. Tinka Resources is trading at 1% resources, the standard is for a stock to trade at 5% resources. Hence anybody who purchases TK is a value-investor in the highest degree. The stocks which we discuss here are either deeply undervalued or deeply leveraged to the prices of metals and commodities. Eric Sprott is a multi-billionaire and his silver stocks are almost 100% explorers, not producers. There are only one or two exceptions.

>>25214789

Haywood has a near-term target of $1.50 on FWZ; you can read what they have to say in picture related.

"Brandon Macdonald, CEO, believes there is potential for a 200 Mt open pittable resource of up to 3% zinc with a low strip ratio."

They say basically nothing about the silver--most people don't think about it or price it in. They simply know that FWZ has the potential to be a future global zinc resource.

"A very substantial silver kicker with $FWZ as well--about an ounce per tonne--but unlike a lot of silver companies, this should ultimately be profitable."

"38 grams per ton indicated of silver. As uncle Eric explained, if Gold goes 38:1 silver, than that is a 1 gpt AU equivalent deposit with 5.84% Zinc 3.14% lead kicker."

>>25215312

Yes, I agree with you completely. Was interesting to see what Bob Moriarty said the other day: “Everybody’s been out with their long knives trying to stab Novo, Irving, and Lion One. That’s exactly the time to buy, when everybody hates it.” Really encourages me in light of that comment that he made a few days ago that he "loves Bayhorse" and "owns a boatload," at exactly the time when sentiment is so ridiculously low that people are claiming that the mineralized ore in the videos is fake. Thank you for your kind words and for your highly interesting points and questions as always.

>>22940786

Don't worry about it. FWZ mcap is still only $57 million; their competitor Tinka Resources has a $66 million mcap right now, so FWZ hardly seems expensive. Haywood recently put a price target of $1.50 on FWZ, which is still a 33% increase from the current level. Then you have to consider the fact that these ratings agencies don't give a damn about silver, which is what we really care about, and are anticipating the rise of. "38 grams per ton indicated of silver. As uncle Eric explained, if Gold goes 38:1 silver, than that is a 1 gpt AU equivalent deposit with 5.84% Zinc 3.14% lead kicker." FWZ is also the only company I know where the ceo comes in the chat every single day and answers everybody's questions politely and knowledgeably. He is highly accountable to his share-holders.

New Fireweed Zinc news, stock price is already up 8%

"Fireweed Exploration Update: Significant Mineralization Discovered at New Target West of Boundary Zone

https://ceo.ca/@nasdaq/fireweed-exploration-update-significant-mineralization"

Comes after Haywood rose its price target from $1 to $1.50 a couple of days ago.

Besides having some of the highest grades of zinc in the world, another reason why FWZ is interesting: "38 grams per ton indicated of silver. As uncle Eric explained, if Gold goes 38:1 silver, than that is a 1 gpt AU equivalent deposit with 5.84% Zinc 3.14% lead kicker."

>>22719314
>>22719472

Haywood report on Fireweed Zinc

"We are upgrading our target price to $1.50 from $1.00"