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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. > US DPA funding delay?
View:
Post by Allman on May 04, 2023 7:21am

US DPA funding delay?

First article I've come across where it says DPA funding may not happen until summer (vs spring as previously announced) ... 

Tranches of U.S. government funding have been opened up to Canadian firms in order to get projects built. Under the Defense Protection Act, $250 million was made available by the Biden administration for American and Canadian companies that mine and process critical minerals. Awards will be announced “this spring or summer,” Cohen said.

https://news.yahoo.com/biden-ottawa-envoy-ridicules-noise-012704347.html
Comment by Freedom2022 on May 04, 2023 4:26pm
I would expect our Own country would be first to give funding, so lets hope spring for Liberals,,,Oh carp were sunk,,,lmao!   How slow can the Feds be,, omg,, where is the urgency lol   cheers!   Leafs leafs leafs,,, 
Comment by red on May 05, 2023 7:35am
You would expect or hope ? It usually it takes the USA or some other to lead, show or pave the way first ....it's the typical Canadian way. We have it all, they (USA and Germany ), know it and probably laugh at us for not taking the bull by the horns. At FT we don't care but someone has to step up to the plate and we have to be part of it..... the CM writing is on the wall and has ...more  
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