RE:RE:I've been told patience is key hereHey all - Happy Friday!
So just following the last posts about having patience. Hmmmm, I met a shareholder at the AGM who has been with FT for about 10 or 12 years now. I guess if the average mine takes 10 to 15 years to develop then his patience should be rewarded right about now.
Having patience only serves the shareholder if the management team and board of directors can provide a strategic plan that has a clear set of deliverables with definitive timelines. Otherwise, without these things a management team and board can say, do, and change the goal lines without ever being held accountable to their shareholders.
In a sense that is what is happening with Fortune. Yes, they talk a good talk but when the delivery dates comes and goes there is usually some reason for the delay. Action speaks louder than words and I think patience is at a premium these days with this group.
Still staying long but definitely focusing on other sectors.
Yellowknifer