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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

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Comment by AbuBaba on Mar 31, 2022 5:12pm
Sounds like impending dilution. $750 million in debt and equity?
Comment by Tuckerthefox on Mar 31, 2022 5:25pm
Cost money to make money
Comment by red on Mar 31, 2022 5:51pm
And a 4.5 billion dollar asset 
Comment by Allman on Mar 31, 2022 6:47pm
so many questions. anybody have answers/guesses ... 1. Why one year to update Feasibility Study (FS). In Robin's last video interview (6:15 time stamp) he says it will only be a plug and play to update FS re current commidity prices, optimizations, Alberta refinery, etc.  Could the latest assay results have something to do with FS update duration? 2. Where was this latest video found ...more  
Comment by MoneyMan123456 on Mar 31, 2022 7:40pm
Yikes....what a mess. I guess we know why the drill results and 2021 annual report / Q4 financial statements have not been released.  Management has been far too busy making a 2 minute promotional video. That being said, who has ever seen a company looking for investors produce a promotional video as a way to attract serious investors.  How are they not involving a 3rd party expert to ...more  
Comment by red on Apr 01, 2022 7:36am
I don't know what the full WSJ article says but on the point of plug and play. I think that probably existed but as our optioned site comes to play we can see the new variables become more complicated in terms of determining development costs.  All I can think is, try hiring an engineering firm today and we need that to develop a new schematic of processing and all that revolves around ...more  
Comment by Allman on Apr 01, 2022 9:21am
video found on Fortune Minerals twitter site.
Comment by Jim1712 on Apr 01, 2022 10:54am
Done with Invest Canada.    Jim. 
Comment by Jim1712 on Apr 01, 2022 11:52am
Dear Investor, Fortune Minerals recently participated in an Invest In Canada pitch session around EXPO Dubai. The following corresponding video was produced for the event. Invest In Canada- Fortune Minerals NICO Cobalt-Gold-Bismuth-Copper Project  
Comment by sirfartalot on Apr 01, 2022 6:15am
All in my humble opinion: Thanks! I watched the pitch several times. Personally, I think the pitch would have been far more entertaining if the Sharks or Dragons asked questions afterwards to peel the layers of the opinion for more details ...
Comment by sirfartalot on Apr 01, 2022 6:18am
Auto-correct - most unhelpful - typo All in my humble opinion: Thanks! I watched the pitch several times. Personally, I think the pitch would have been far more entertaining if the Sharks or Dragons asked questions afterwards to peel the layers of the onion for more details ...
Comment by Unfortunate on Apr 01, 2022 5:11pm
Every single person who auditions and succeeds on getting on Shark Tank has a more professional looking presentation than this video. That video looks a joke project. How can anyone expect any credibilty from these people? I thought my opinion of management had reached its nadir but this is unbelievable. Another year another year away from a rehash of a feasability study. Another year another set ...more  
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