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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

Post by Marketbeaton Oct 03, 2022 9:51pm
182 Views
Post# 35003060

Recession or not

Recession or not

Recessions usually lead to tepid growth... this one may be bad- Stanley druckenmiller will tell you all you need to know.

I haven't been around for too long. But for as long as I can remember- the government dollars will always inflate and the cycle will go on. someone will get caught with their pants down- people will pay but it will be more pronounced in the lower socioeconomic class. The harsh reality we live in. 

ft and debt.-- keep in mind- ft has a value- most of us are here because we intend to realize that value. Shiesters, pumpers and shady characters will always exist- dyor. Always.

timing in a general sense is shite because while the macro in the battery metals space is phenomenal- the general macro is ripe with uncertainty. We have fallen from our covid highs- but in my opinion we are on the precipice of some concrete government spending and oem investment... which will surely have us seeing potential all time highs. As long as we get that 12 million pound gorilla off robins back...

staying long - GLTA 

 

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