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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. > Shift the focus of EV strategy to critical minerals
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Post by Allman on Dec 29, 2022 9:56am

Shift the focus of EV strategy to critical minerals

FT doesn't have the regulatory impediments this and other articles keep referring to, so once the aggregate "resource tables" are completed for the powers that be, it will be readily obvious that NICO needs to be a Federal government priority. If FT doesn't move the needle in 2023, then you'd have to conclude that the Canadian Critical Mineral Strategy is a fiasco. That said, I still have great faith in this project.

https://www.theglobeandmail.com/opinion/editorials/article-shift-the-focus-of-ev-strategy-to-critical-minerals/
Comment by Baserunner on Dec 29, 2022 1:10pm
If FT doesn't move the needle in 2023 l WOULD'NT conclude the CCMS is a fiasco! I would be looking at RG  and company and what they have been putting out the last 15 yrs! . Then make your conclusion. staying long
Comment by geolith on Dec 29, 2022 4:49pm
There are many other micromanagement steps involved. Fortune has to refill its Final Abandonment and Restoration Plan, replacing its Interim Abandonment and Restoration Plan for approval. They also have Waste Disposal Plans, Hydrocarbon Contaminated Soil Plans, Groundwater and Water Management Plans, Wildlife Management Plans, Fart Management Plans, and basically anything you can think of Plans ...more  
Comment by Jim1712 on Dec 29, 2022 5:16pm
Nothing like a good "fart" plan.  Lol.  It's all about the money now.   It would appear that some of the posters here need to go back and do a Fortune history lesson on how they actually got to where the project is now.  There were many times I thought they would get caught in a hoop and not survive.  Building the mine is the easy part.  Getting ...more  
Comment by geolith on Dec 29, 2022 6:06pm
No sane person would go through the NWT regulatory process which partially explains why so few people are doing it in one of the most mineral rich geological environments in North America. No slight to Robin and the handful of others who spend >90% of their time and money battling a regulatory system that is either doomed in itself, or the industry it will kill. Rovin has done a yeoman's ...more  
Comment by Jim1712 on Dec 29, 2022 6:15pm
Cheers Geo!  Let's get this done ! Jim 
Comment by red on Dec 30, 2022 8:08am
The obstacles that RG has overcome are notable, in part why I have been here so long as I am sure others are, one would have to be blind not to see that or simply just admit it. the move up the Lassonde curve is and has been long and arduous. Our status is monumental in terms of permits, Jim is spot on ...and is down to money and is a, in these times, difficult task to accomplish to say the ...more  
Comment by AbuBaba on Dec 30, 2022 5:12pm
"2023 will be our year" And 2022. And 2021. And 2020. etc. Happy New Year!
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