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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.


TSX:FT - Post by User

Bullboard Posts
Post by member321on May 05, 2011 9:22am
361 Views
Post# 18533435

Short Interest

Short InterestShort Interest increased a mere 15,500 shares from 496,900 as of 18 April to 512.400 as of 2 May.

Short interest is small relative to the share float and daily trading voloume. Short interest has been essentially the same since the begining of the year. Here is the report:

https://www.dailyfinance.com/company/fortune-minerals-limited/ft/tor/short-interest


Short interest has been just about as flat as the share price has been since the begining of the year. Here is the price chart:

https://stockcharts.com/freecharts/gallery.html?FT.TO


Both short interest and the price chart are in a sideways pattern. The shorters are sitting on the fence
Bullboard Posts