These sorts of announcements often disappoint. Existing shareholders, sitting on large capital gains, often decide in advance they will offload a portion of their holdings. And although there will be new investors on the registry after a day like today, the big players with deep pockets are always slower to react. I would expect slow appreciation over the coming weeks as investors and funds with a 5-10 year investment time frame review the deal and take a position.
In an era where inflation is likely to rear it's ugly head and electrification of pretty much everything running on oil and gas will continue apace, a growth stock like Firefinch with exposure to gold and lithium is going to be very attractive to a lot of people.
FFX Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held