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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. > Speculation!
View:
Post by Jim1712 on Sep 01, 2023 8:28pm

Speculation!

Anyone with some thoughts?   What's up.  

Nothing. 

partner negotiations 

buy out ?  What price. 

Financing ?

Thoughts ?

Jim

Comment by Yellowknifer69 on Sep 01, 2023 8:52pm
I emailed troy this week and he sent me a bunch of charts showing downward trajectory of SP from all of the players in cobalt space. He indicated that things are very frustrating but they hope to provide an update in the near future that demonstrates FT's progress. Now is that September, October,? Who knows. Time is running out so I would expect some news soon. Yellowknifer
Comment by elitespooner on Sep 02, 2023 9:53am
seems odd that the 'peggy whites' are able to raise capital to enrich themselves but cannot scrape enough to update the financials; the 'said' minimum requirements for more taxpayer money... not only CDN but now US taxpayers ....
Comment by red on Sep 02, 2023 10:21am
I am down to not being able to see past the smoke  ....( literally and on multiple fronts) 
Comment by Marketbeat on Sep 02, 2023 10:33pm
red...hang in there fella! What could happen?  Well, time is literally running out and the deflated share price is a reflective of this.  The good news is...well. maybe that ticking time bomb called debt...is not in such a hurry to get settled. There is an environment there monies of the government nature are being dulled out.  My guess. A mid/major buys into FT at a partner ...more  
Comment by red on Sep 03, 2023 10:39am
Thanks MB .... looks like we are making headway to get back home.  agree on your comments ..... link from JRV BB https://theoregongroup.com/commodities/cobalt/dont-count-cobalt-out-in-the-long-term/   long term Cobalt probably still good - short term probably not unless we have resources specific deal on Cobalt however our saving grace may be the gold and the bismuth? The big ...more  
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