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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 ztransforms173on Apr 19, 2024 5:11pm
135 Views
Post# 35998921

RE:Some good planning behind the scenes!

RE:Some good planning behind the scenes!- I DON'T THINK that the DATES are CONNECTED

UNLESS:

* JFSL WANTS to BECOME a FT SHAREHOLDER

- I DON'T SEE this HAPPENNING unless JFSL is willing to TRADE PROPERTY OWNERSHIP for FT shares

- a REALISTIC VALUATION of 10 CENTS per FT share would be D0ABLE and PASS the FIDUCIARY TEST

- is the JFSL REAL ESTATE WORTH ~ 10% of Fortune Minerals ??????????

- I REALLY DON'T THINK SO THAT JFSL WOULD BUY INTO THIS SCENARIO !!!!!!!!!!

- ONLY WAY JFSL would SUBSCRIBE TO THIS is that they 'BELIEVE' that the FEDERAL GRANT CAVALARY is COMING to the RESCUE

- PURE GAME THEORY on my part

- ONE POSITIVE THING out of this GAME SCRIPT:

* FT would be in LEGAL POSSESSION of the METAL REFINERY SITE and they 'COULD' ADVANCE all THE REQUIRED PERMITS on a FAST TRACK BASIS


z173

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