Fortune Minerals Limited. T.FT

com of future

[goober2019]

Hey ,,, im refering to anouncing a deal to even build the Spur road?  like you said awhile ago the equipment is right there?     the spur road is a indicator as to the progress of Mr Goad and the health of the project,,, cant they announce the small achievments?   Will they have any new news at the AGM?    its still early in the year, of course the Highway is a non issue,, but paying for drilling and building the spur road not to mention a new F/S yikes,,,,   i expect some action eventually, this spring,,,if FT has to pay for it All,,, we eventually will be Consoladated ,,, hate to say it,,, Sell the Fracken Company before massive Dilloution,,, period,,   and if Goad cant sell the CO in this enviroment,,, we are in Trouble!    cheers!

[red]

your da__ right i said that and am very serrious about it because it is a fact - but its my hope a partner would also see it - FT does not have the 30 million or so to build it...when i last spoke to troy on the mater the spur road was not a real high priroity and would not be of course if you dont have the money.....they need to be able to convince a major to step in. If the great disconnect

[elitespooner]

Tlicho has the monies, they should be able to pony up some funds to get this up and running!

[Tuckerthefox]

What's to stop FT from selling more shares to bring in some cash. I know diluting our share value, but could be used to keep us a float for as long as needed. i.e. when the cars are being built and the demand takes off. We are in the early stages. Battery plants are being built, more EV being sold everyday. I think the longer they hold out the more valuable we will be. IMO Fox

[elitespooner]

They should just go back to their long term debt holders, its a 4 billion dollar resource after all. Save the sharholders or (more recently the cdn taxpayers) further dilution.

[Unfortunate]

They're not shy about doing that. It's a when and how much more kind of question Here's a brief history of shares outstanding:   February 22nd 2008 - 50,100,107 November 4th 2009 – 68,240,857 January 14th 2010 – 94,779,407 November 3rd 2011 - 111,030,661 February 7th 2012 - 117,076,976 July 13th 2013 - 121,276,976 April 2nd 2014 - 150,526,976 July 24th 2014