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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
Comment by Calgary1111on Oct 11, 2018 6:28pm
161 Views
Post# 28784657

RE:RE:RE:real project

RE:RE:RE:real projectthe share count is high but the million plus ounces of gold alone at todays market price is 1.2+ billion dollars, so even at 2 bux a share the market cap would be just over half of that (676million dollars), then we factor in the value of the cobalt. I suspect gold will go much higher over the coming years and we all know the demand for cobalt isn't going away. I only got in on this one this year, I could see people holding the bag for years being frustrated but buy fear/frustration and sell greed I feel this stock at THIS price is a winner. 
Bullboard Posts