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Bullboard - Stock Discussion Forum
Fortune Minerals Limited.
T.FT
Alternate Symbol(s):
FTMDF
Metals & Mining
Industrial Metals & Minerals
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.
see more
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Bullboard (TSX:FT)
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(78)
•••
geolith
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Comment by
geolith
on Jul 03, 2024 6:50pm
RE:Alberta refinery site option for the NICO project expires
A big change is Fortunes stock is now worth nearly 50% more than when they originally inked the deal. A shares and cash are interchangable in some people's minds.
(51)
•••
sdhaka
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Post by
sdhaka
on Jul 03, 2024 5:19pm
Alberta refinery site option for the NICO project expires
There's been some interesting chatter about Fortune Minerals and their NICO project lately. As you know, their option to purchase a refinery site in Alberta expired on June 30th. This
...more
(51)
•••
sdhaka
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Comment by
sdhaka
on Jul 03, 2024 5:13pm
RE:No PANIC!!
Agree! Fortune Minerals is still negotiating with the seller for a new agreement. Their recent funding wins, including government grants and convertible securities, could help them secure a new deal.
...more
(276)
•••
red
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Comment by
red
on Jul 03, 2024 4:46pm
RE:Alberta gov. partners with NWT to expand economic corridors
What's good for us in the NWT is good for Canada and especially Alberta. Edmonton is , always has been and always will the hub to the north. Per capita there is probably more Oilers
...more
(177)
•••
Allman
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Post by
Allman
on Jul 03, 2024 4:13pm
Alberta gov. partners with NWT to expand economic corridors
https://www.westernstandard.news/alberta/alberta-government-partners-with-northwest-territories-to-expand-economic-corridors-2/55761
(310)
•••
Baserunner
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Post by
Baserunner
on Jul 03, 2024 2:58pm
No PANIC!!
Just remember lots of tire kickers, lots off take people, Rio Tinto and others! Now just a uniform bid and selling going on ! Just waiting for news about the exciting new future for FT!
(941)
•••
ztransforms173
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Comment by
ztransforms173
on Jul 03, 2024 10:37am
RE:info graphic from Sprott regarding critical minerals
- this Sprott GRAPHIC is OUT OF DATE - NICKEL and MANGANESE are VERY IMPORTANT METAL ELEMENTS for EV batteries z173
(0)
•••
Brigadoon
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Post by
Brigadoon
on Jul 03, 2024 10:07am
info graphic from Sprott regarding critical minerals
https://sprottetfs.com/insights/infographic-nine-critical-energy-minerals-for-investors/?_cldee=hYM1lLyxn6EClKfyI5x-0ZwYIEP2VOw2BtVc1UOlNbYNJ44Vs7YhFsjZFTBFlVsq&recipientid=lead
...more
(177)
•••
Allman
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Post by
Allman
on Jul 03, 2024 10:01am
Manganese bismuth REE-free permanent-magnet status
Article gives an update on where research is at with MnBi permanent-magnets. Looks like to achieve similar performance to the REE magnets they're somewhat heavier and bulkier, but overall cost 32
...more
(941)
•••
ztransforms173
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Comment by
ztransforms173
on Jul 03, 2024 8:54am
RE:RE:RE:RE:RE:Option to buy refinery expires.
- the GOVERNMENT MONEY IS NOT being DEPOSITED in FT's BANK ACCOUNT - first, FT has to SPEND the money on "PERMITTED EXPENSES" - second, they has to RECEIVE an OFFICIAL INVOICE for
...more
(177)
•••
Allman
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Comment by
Allman
on Jul 03, 2024 8:54am
RE:RE:RE:RE:RE:Option to buy refinery expires.
I suppose what changed is that US DOD and Canada funding was announced, indicating to JFSL / Worley the legitimacy of the NICO project moving forward. Perhaps they are pitching their Engineering
...more
(276)
•••
red
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Post by
red
on Jul 03, 2024 8:40am
Used solar system …
I can think of a good location not far from Diavik where this would be reused ... https://www.cbc.ca/news/canada/north/solar-array-diavik-diamond-mine-1.7252221
(276)
•••
red
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Comment by
red
on Jul 03, 2024 8:14am
RE:RE:RE:RE:Option to buy refinery expires.
The so called conditions that may not have been so good at the end of June were certainly good enough to tell us about months prior when we entered the agreement and made a deal to close at end of
...more
(177)
•••
Allman
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Post by
Allman
on Jul 02, 2024 4:21pm
FT July 2024 corporate presentation (update)
https://s1.q4cdn.com/337451660/files/doc_presentations/2024/07/240701-fortune-minerals-nico-project-presentation.pdf
(15)
•••
Lotten
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Comment by
Lotten
on Jul 02, 2024 2:49pm
RE:RE:RE:Option to buy refinery expires.
I think your conclusion sounds plausible. Some of the stakeholders were perhaps not convinced that the agreement with JFSL could not be improved. As you pointed out in another post: "the
...more
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