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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. > Ask … 1.7 m shares
View:
Post by Marketbeat on Oct 31, 2023 6:51pm

Ask … 1.7 m shares

Sell side is growing. 

Let's see how bad it gets. Maybe the smoke and mirror show has run out of steam. Or maybe goad is actually going to produce some news.

Comment by Yellowknifer69 on Nov 01, 2023 12:18pm
Hello and good morning FT longs Well, we know cash is running short, so management will have to come up with something to keep the lights on. Yellowknifer
Comment by Freedom2022 on Nov 01, 2023 12:22pm
A solid 2 cent PP   lmao!   
Comment by ToadyToadman on Nov 01, 2023 1:48pm
1 - They can renegotiate the loans as lenders will always renegotiate to get some return instead of none. Bad for shareholders. 2 - They can't raise at current shareprice. That is massive dilution unless they only need a small to keep the lights on long enough because they know something is coming. Continued treadingwater bad for shareholders 3 - share consolidation followed by a PP. Lights ...more  
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