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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Limited. > Where is management?
View:
Post by Clettern on Oct 07, 2020 11:41pm

Where is management?

Sure would be nice to hear an update on operations, the survey, the 40 plus NDA agreements,the update to feasibility study (remember that from many months ago), or anything I guess

Lettern
GLTA
Comment by Marketbeat on Oct 08, 2020 6:49am
Being a long suffering share holder has been difficult. there is a lot of action in the battery metals space. I only hope we can get a piece of it somehow! 
Comment by red on Oct 08, 2020 9:28am
MB ....your in a very large club waiting and asking the same basic question and wondering the same things. I am having a problem thinking that the next news out is a bombshell for the worse, but not impossible. more likely we get expanded resource opportunity which cold kick us up several notches and we are forced to drill or that it's enough that some one jumps in while they can and we see ...more  
Comment by Marketbeat on Oct 08, 2020 10:09am
I've lost all patience. I don't understand how we keep eroding to nothing.  I think it's time to cut losses for me. I'll give them until the end of the year then I'm done chasing the ft dream. 
Comment by red on Oct 09, 2020 3:35pm
MB.....From Twitter a few min ago  ..... we can't make this stuff up ....https://www.mining.com/chasm-between-copper-cobalt-and-nickel-exploration-success-and-future-demand/
Comment by Marketbeat on Oct 09, 2020 4:01pm
I agree and do believe in the macro market conditions. But seeing where FT is makes me question managements abilities to capatalize on the opportunity. We are trading at .065... this is a joke. We keep declining. Seems to me a hostile take over may be in the making.  If anyone can illuminate me as to why we keep eroding that would be awesome.  look at jrv, and how the current ...more  
Comment by Lotten on Oct 10, 2020 8:25am
I`m sure Mr.Goad will give us what we want. This is his life work. October is still young, and my guess is that by the end of the month things will look quite different. The stock is very cheap at the moment. Falling at low volume. That may change rapidly in the coming weeks. Hold on to your shares.
Comment by Yellowknifer69 on Oct 08, 2020 10:34am
The current resource has been defined for many, many years now.  I don't think additional drilling is going to bring the players needed back to the table.   There is something else that is blocking our progress.  At PDAC in 2017, FT's IR guy, Troy indicated that there were 2 of 3 partners on board for project financing - Caterpillar and Procon.  At that time they ...more  
Comment by AbuBaba on Oct 08, 2020 11:38am
Not expecting much from the drilling results. Every other announcement has been a flop so far. Maybe management is waiting for Godot...or for Trump to re-enter the Paris accord. Uncertain, either way.
Comment by red on Oct 09, 2020 9:29am
Ft has a substantial inferred resource and that is a variable that someone thinks could use better more precise definition. The current survey will help with that and again it's going to add to either more Au/Co or Co/Au potential from when the previously known anomaly was discovered, by better defining with latest greatest technology. For gods sake they were expanding a mine site road only ...more  
Comment by linder54 on Oct 09, 2020 12:05pm
I do think the proven and probable needs to increase for a better ROI That or a dramatic increase in grades Mining/Processing costs would drop
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