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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

Comment by MoneyMan123456on Apr 01, 2022 10:50am
78 Views
Post# 34567020

RE:RE:RE:RE:RE:RE:RE:Robin was right

RE:RE:RE:RE:RE:RE:RE:Robin was rightHi, appreciate your insight and opinions.

Yes I actually believe that FT management reads this message board and possibly posts positive information / updates.  Not many people talk about FT, so I think management likes to see how they are perceived.

My interest in Nico is more from an interest in the North and how things are going for the people living up there.  I'm not invested, currently, but am keeping an open mind if anything positive develops.

I worry about the boad's oversight of management, as in the past 2-3 years there has been a lot of expenditure (salaries, options, loan interest, contractors), but not a lot of work product that can be seen.  

How can a company be taken seriously when they have less staff then the barbershop around the corner and are asking for 25 million just to update a feasibility study and purchase a brown field site (probably also pay down their upcoming debt).  

How can they be taken seriously when they can't pump out an updated Feasibility Study.  


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