Fortune Minerals Limited. T.FT

Race to resources? Canada’s new CM strategy and implications

[Allman]

Recent discussion from the MacDonald-Laurier Institute - echos Robins recent smoke and mirrors comments - good on him for getting some cross country visibility on the general lack of progress in the industry and Nico’s advanced state. Our frustration with project advancement must pale in comparison to his. His comments, "Regulatory environments are “cumbersome and expensive,” Goad added, and the N.W.T., whose economy relies on mining, is a high-cost jurisdiction with limited infrastructure", although not new to us are telling, in that essentially all NDA entities must have indicated up until now in one form or another that FT money and or significant government assistance would have to make up a big slice of the funding pie, otherwise it's no game for them. But who knows, with gold price predictions being what they are, it's anyone's guess how this story will unfold.

https://youtu.be/MI_Acd03Z5k

[red]

The infrastructure issues of the north are not new and other than the road we waited for and now in place ....what more can we ask that is near term?  IMO, For us it's seed money in whatever forms it can come. Potential investors need to see real gov support  to the CM BM mining industry and that is a near term possibility that we have to chase down with everything we have

[red]

From cobalt news "The requirements of the Inflation Reduction Act (IRA) are set to be supportive for cobalt prices in 2023, as western automakers and cell makers alike scramble to secure cobalt from a limited pool of qualifying supply. Really ? 

[Marketbeat]

Great find red!!! I guess we will only exist with government suppprt.  This makes me wonder why rg would criticize the people he is looking to borrow money from? further- I've said this before- there is no record of lobbying to the federal government- our peer (elbm)  who has successfully received money from our govt  https://lobbycanada.gc.ca/app/secure/ocl/lrs/do