I closed out this position for a modest gain. I'll watch it closely as part of my stable, but it's out of the portfolio for now as I ride with higher cash levels.
LIBRARY · FEB 2026 · $3.47
We closed out this position for a modest gain. There are only so many dollars to go around, so FWZ was trimmed as part of a cash-raising sweep and eventually sold entirely as we rode with higher cash levels. We'll watch it closely from the stable, but it's out of the portfolio for now.
LIBRARY · FEB 2026 · $3.47I closed out this position for a modest gain. I'll watch it closely as part of my stable, but it's out of the portfolio for now as I ride with higher cash levels.
LIBRARY · JAN 2026 · $3.21No change in view here. This is Big Zinc and Big Tungsten. I've cut my position in half for no specific reason and I continue to watch it closely. There are only so many dollars to go around, so I trimmed FWZ as part of a cash raising sweep.
LIBRARY · NOV 2025 · $2.85No change in view here. The stock bounced off $2.70 on its recent pullback and I'll watch that level on the chart for continued support. There are still assays pending here, but at this point everyone knows that Fireweed has a monster lead-zinc-silver deposit at MacPass. The key for me here is the backers… they know (a) how to finance and develop mines, and (b) what potential buyers would want to see. Two ways to win.
LIBRARY · OCT 2025 · $3.20FWZ has a large-scale lead-zinc-silver deposit at the MacPass project located in the Yukon, Canada. This is a pre-production asset run by a high quality team linked to the renowned Lundin organization — a global name in mining. MacPass boats large scale and some very high grades at its Tom/Tom South zone. Again, this asset is of the scale that is capable of attracting the interest of much larger mining companies and its association with the Lundin group means that those larger companies will be aware of it and will take it seriously. A sidecar bonus to this story is the massive Mactung tungsten deposit, which is absolutely massive on a global basis. The grade and scale of Mactung make it an anomaly in the mining world and the strategic nature of tungsten as a metal means that it could attract attention from a variety of parties. I added to this recently in the low $3 range and would add more if the stock dropped to chart support levels at the $2.70 range. My dream is to see FWZ split in two, with the MacPass project in one company and the Mactung project in another. This one is a long way from production, so it could be volatile, but in the long-term, this is a company that I truly believe will be acquired by a larger player. The company has great access to capital and has additional assays pending from its high-grade Tom South zone from a recently completed drill program.