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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 Lottenon Aug 26, 2022 4:58am
182 Views
Post# 34921697

RE:RE:question

RE:RE:question
The way I understand your comment you are concluding that Mr.Goad choosed to extend the debentures until the end of November. That the decision was his. But how do you know that? Maybee Mr. Goad didn't have a choice, maybee that was the best deal he could get? The fact is that we don't know for sure.

And that directs the spotlight on how this company communicates. A lot off press releases that gives us a minimum of information. Vague formulations that gives us hope, but also more questions than answers. Look at this bullboard. A lot of hope and wishes, speculations and dreams, but where are the facts? Will we get a refinery site or not? Will the debt be paid in time? Will we be granted government support? Will Haywood succeed in raising money? When will we get an updated FS? Is a partner knocking at our door? And so on and on. What do we really know?

The shareholders are kept in some kind of ignorance. Lost in the fog of uncertainty with some rays of hope shining trough. Maybee we will see the sun tomorrow?

Nevertheless best wishes to all shareholders, and have a nice weekend!

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