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Freeport Resources Inc. (FRI.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.03500.0000 (0.00%)
At close: 12:00PM EDT

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  • D
    Dave
    is there anyone out there???
  • L
    LloydG
    Up 10% on 505 share traded? What's wrong with this picture?
  • S
    StockHawk
    Freeport Resources ($FRI $FRI.v) had a 6% dip today so I thought I would share some of my DD and why generally it is a good time to buy in while they are low.

    $FRI is a junior mining company, focused on the development of their main asset, the Yandera copper project as well as their Star Mountains copper and gold project

    The two projects are both located in New Guinea, within the Orogenic Belt.

    Copper demand is expected to grow more than it ever has before in this decade and these projects combined are expected to exceed 10B pounds of copper equivalent.

    Personally I think that $FRI's projects are very promising and the stock is extra attractive at its current price of $0.145

    I would highly recommend doing your own research on these projects, especially Yandere, and this video which explains the Yandera Mine-Plan is a great place to start:

    https://www.youtube.com/watch?v=Z7kZuIBveb8

    MC is 13.94M
    Yandera Mine Plan
    www.youtube.com
  • L
    Lucas
    $FRI $FRI.v having a tough day in the red, but I am still bullish on their Yandera Copper Project, which they own 100% of.

    The project underwent a pre-feasibility study, completed by the Worley Parsons Group in November 2017, that

    - Indicated Measured & Indicated Resources of 727 million tonnes grading 0.39% copper equivalent
    - Inferred Resources of 231 million tonnes grading 0.32% copper equivalent.

    With already 2 projects that have combined resources that exceed 7 million ounces of gold equivalent or 3 millions pounds of copper equivalent, $FRI is extremely undervalued in my book. Great time to buy IMO.

    https://www.freeportresources.com/yandera
  • R
    RLFFI
    Matter of time before a major electric vehicle company buys mines in my opinion..one of the worlds largest copper deposits outside of China FEERF holds this cheap...easy $
  • N
    Nan
    $FRI.V seems to be holding steady almost two months into the news of them acquiring the Yandera Copper project.
    The project is estimated to be one of the biggest undeveloped copper deposits in the world atm! for a copper-centric resource based company, this is nothing but continuing good news, looking forward to how the company comes up in the near future!!
    $FRI.V is trending upward at $0.155, with a market cap at $14.9 M
  • B
    Booga
    World's two largest #gold miners are making the move to build their #copper position. $NEM Newmont to acquire $GTT.v in the Golden Triangle and $ABX Barrick to grow portfolio organically after $FCX deal fell through. On a note Barrick is now in the good books with PNG government, and restarting their Porgera Mine. $FRI.v $FRI (Freeport Resources) Star Mountains project is in proximity and it's a HUGE 501 sq km Copper/Gold Porphyry with 3.8 BILLION pounds of Copper Equivalent., and under explored. I see an eventual take out by a big miner, or Chinese firm.... stock also coming up off of it's lows.

    https://www.freeportresources.com/highlights
    A potentially large copper/gold porphyry project in mining friendly Papua New Guinea (PNG). Located in the highly prospective PNG Orogenic Belt, just 25 km from the giant Ok Tedi mine and in the same geological arc as Grasberg, Frieda River, Porgera
    A potentially large copper/gold porphyry project in mining friendly Papua New Guinea (PNG). Located in the highly prospective PNG Orogenic Belt, just 25 km from the giant Ok Tedi mine and in the same geological arc as Grasberg, Frieda River, Porgera
    www.freeportresources.com
  • 5
    5bagger
    Freeport Resources (FRI.v / FREEF) has 840,000 tonnes of contained #copper, or 1.68 Million tonnes of Copper Equivalent in their Copper Gold Porphyry. its 501sq kms Star Mountains project has huge blue sky potential for further discoveries.

    Do you know what can be achieved with just 1 ton of #Copper?

    1 ton of Copper equates to offsetting the carbon emissions from approximately 50 cars, 10,000 laptops & 100,000 cell phones. Much can be achieved to offset carbon emissions with just 1 ton of Copper!

    Copper price setting a new high not seen in waaaay over a decade!! and its going much higher. the insitu value of FREEPORT is going to be a monster with both Gold and Copper expected to hit record all time highs this year.
  • P
    Prospector
    Great news for Freeport! More properties in the lucrative copper industry! https://www.freeportresources.com/06282021freeport-to-acquire-yandera-copper-project
    06282021Freeport to Acquire Yandera Copper Project — Freeport Resources
    www.freeportresources.com
  • T
    Tory
    Excellent day for Free port resources aka $FRI.v up 5.3% at close

    They announced today that they have acquired the rest of the outstanding share capital of Carpo Resources Inc.

    Carpo is a corporation under the laws of the Cayman Island, they control exploration license located in Papua New Guinea, more known as the Yandera Copper Project

    Greats news for $FRI.v, the Yandera copper project sone of the largest undeveloped copper deposits in the world.

    It is in line with $FRI.v mandate to identify & acquire undervalued projects, their last question was star mountains copper / gold project also in Papua New Guinea.

    The Yandera Project, The measured and indicated resources equate to 6.2 billion pounds of copper equivalent and total resources equate to almost 8 billion pounds of copper equivalent.

    Ultimately fantastic news for $FRI.v , if you want to read more hit this link:

    https://ca.finance.yahoo.com/news/freeport-completes-acquisition-yandera-copper-160600418.html

    At $0.2 a share with MC of 15.159M $FRI.v is looking like its a smart time to get in on the splendours of the Yandera Project.
    Freeport Resources Inc. (the "Company") is pleased to announce that it has acquired all of the outstanding share capital of Carpo Resources Inc. ("Carpo"). Carpo is a privately-held company which controls Era Resources Inc., a corporation established
    Freeport Resources Inc. (the "Company") is pleased to announce that it has acquired all of the outstanding share capital of Carpo Resources Inc. ("Carpo"). Carpo is a privately-held company which controls Era Resources Inc., a corporation established
    ca.finance.yahoo.com
  • L
    Lucas
    hello?
  • L
    LloydG
    Is there any news on when the company intends to start digging and turn those resources into revenue?
  • V
    Vice
    Freeport Resources Inc. (TSXV: FRI) is focused on the development of its flagship Yandera copper project as well as It’s Star Mountains copper & gold project. The resources from the Star Mountains project in New Guinea has produced 7 million ounces of gold equivalent or 3 billion pounds of copper equivalent! I’m impressed! As we know there are many uses for gold and copper from medical to products humans need in there life daily!

    https://www.angloamerican.com/futuresmart/stories/our-industry/our-products/common-copper-uses

    https://yourstory.com/mystory/9599111633-5-common-uses-of-gold/amp

    https://www.freeportresources.com/
  • B
    Benjamin
    how you guys feeling?
  • L
    Lucas
    it moved.
  • S
    StockHawk
    Freeport Resources Inc. ( $FRI.V ) announced earlier this week that they acquired all of the outstanding share capital of Carpo Resources Inc.

    Carpo is a privately-held company which indirectly controls an exploration license on the Yandera Copper Project in New Guinea.

    In 2017 a Pre-Feasibility Study of the Yandera Project showed measured and indicated resources that equate to 6.2 billion pounds of copper equivalent and total resources that equate to almost 8 billion pounds of copper equivalent.

    $FRI is down today, selling at only $0.20. Way undervalued in my opinion ESPECIALLY considering this recent acquisition.

    MC $19.22 M

    Full article here: https://ca.style.yahoo.com/freeport-completes-acquisition-yandera-copper-160600565.html
    Freeport Resources Inc. (the "Company") is pleased to announce that it has acquired all of the outstanding share capital of Carpo Resources Inc. ("Carpo"). Carpo is a privately-held company which controls Era Resources Inc., a corporation established
    Freeport Resources Inc. (the "Company") is pleased to announce that it has acquired all of the outstanding share capital of Carpo Resources Inc. ("Carpo"). Carpo is a privately-held company which controls Era Resources Inc., a corporation established
    ca.style.yahoo.com
  • V
    Vice
    I came across this interesting video on the Freeport Resources Inc. (TSXV: FRI) YouTube channel, which they published a couple weeks ago. The video is pretty detailed in showing their Yandera Mine Plan with detailed graphics and a cross-sectional look at the location. You can check it out here:

    https://www.youtube.com/watch?v=Z7kZuIBveb8
    Yandera Mine Plan
    www.youtube.com
  • p
    partystocker
    Freeport Resources Inc. $FRI/$FRI.V looks to be trading at a huge discount right now at $.14 as prices see some stabilization.

    $FRI owns 100% interest in the Yandera Copper Project in Papua New Guinea. Estimates of the copper potential in New Guinea assume the existence of 10B pounds of copper in the region, making it one of the largest undeveloped deposits in the world.

    I’m really hoping for some good news on analysis and drilling plans for the Yandera project . $FRI’s future plans for the project estimate a 20+ year life of the mine with a projected 540M tonne yield over that time. The resource area has some huge exploration potential to expand the existing resource, with a known 5km strike length within a 17km trend with limited tests at depth.

    I’ll be watching for sample results and scope updates for the project in the near future.

    $FRI is currently trading at $.14 and is valued at $13.45M.
  • W
    Waves
    I only recently heard about Freeport Resources ($FRI $FRI.v) and wanted to share some of my DD on them!

    $FRI is a junior exploration company, focused on the development of its flagship Yandera copper project and its Star Mountains copper and gold project, both located within the New Guinea Orogenic Belt.

    The combined resources of these two projects exceed 10 billion pounds of copper equivalent! This is massive for $FRI as copper demand is expected to experience the strongest volume of growth in history during the next decade.

    I found this great interview with the CEO from earlier this year which I thought was a great intro to their company; he briefly discusses the valuation of their stock, their hope of selling or to JV with another company as well as the impact the pandemic had on their progress.

    I'd recommend checking it out:
    https://www.youtube.com/watch?v=R3utSZBFmL0&ab_channel=FreeportResourcesInc
    Gord Friesen Explains Why Investors Should Be Looking at Freeport Resources
    www.youtube.com
  • N
    Nan
    good to see $FRI persistently performing well, they're seem to be on track with the Yandera Project.

    The mineralization is concentrated in several deposits there, it's a great and fruitful acquisition if you ask me!

    if we're looking into moving towards a net-zero future where energy is created sustainably, copper is only going to play a bigger and growing role since it is a key component in wind, solar and battery technologies due to it's ductility and conductivity. it's is a resource worth investing in!!

    $FRI.V is a tad bit down at $0.145, with a market cap at $13.94 M