Crux Investor Interview Here is the link to our recent interview with
$FOR:
https://youtu.be/VkWHe1mjXzI Verran is new to Fortune Bay. He comes from the world of uranium having worked at Denison in Saskatchewan where Fortune Bay's assets are location. They have 2x 100% owned gold projects; combined they have a historic 2.1Moz of M&I, with potential exploration upside. They are hoping to advance their Goldfields as they have been under explored.
We were keen to understand if this is more than just another company hoping to take advantage of the current excitable gold market. Is there a project with solid fundamentals? Verran is equally keen to explain why he and the board are excited about what they see in front of them. They are open pit targets. And Verran says the 2011 is well written and they hope to be able to improve on it. They raised $2.7M in May, they have $1.8M in cash today. All very tight.
Hoping to drill, work on a resource estimate and high-level PFS review. They will need to raise capital soon, once they have re-look at they data they have. Is there any urgency with this team? Let us know what you thought