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Bullboard - Stock Discussion Forum Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > 10c soon!
View:
Post by good7news7soon on Apr 26, 2024 3:55pm

10c soon!

Demand increasing ... next week will go 5 to 6c ...
Comment by sheeplesleepers on Apr 26, 2024 4:21pm
Let's hope FT blows the lid off next week. LFG!
Comment by Jim1712 on Apr 26, 2024 7:45pm
Thinking too small.   Jim. 
Comment by good7news7soon on Apr 27, 2024 5:47pm
Did some research and analysis! Before news 10c, after SGS Canada result 50c, after acquire Alberta Refinery Site $1 and after production $1 to $10 … 
Comment by Yellowknifer69 on Apr 27, 2024 6:53pm
Hello and good evening Ft longs That is some awesome fortune telling Good News! Been here a long time - have learned to temper my expectations. But I am optimistic that good things will continue to come our way. We are due. Yellowknifer
Comment by Marketbeat on Apr 28, 2024 6:16am
i second this. fully diluted we are at roughly .24/share... Lets see what happens.
Comment by Marketbeat on Apr 28, 2024 6:19am
.24/share if you look at the 137MM spent on the project to date.  Slighly lower than the .31 prediction the analyst that covers ft.  Didn't mean to hit send to soon.  Hopefully the 15 metric tons of rock is proof enough for RIO to make a move with some GOV money.  who knows but trading is higher. hopefully it keeps going 
Comment by Allman on Apr 28, 2024 8:11am
Bear in mind that FRC's $0.31 fair value per share estimate is based on $22.50 cobalt, $1400 gold, 1.39 exch rate, $824,600 capital cost, etc. Extrapolating using their sensitivity table and considering current cobalt and gold prices gives a fair value in the order of $0.22. In a case where cobalt remains at its current price and gold increases to $3000, fair value is in the order of $0.75 ...more  
Comment by Jim1712 on Apr 28, 2024 1:38pm
Don't forget the refinery and all that comes with it !  The mine reserves are just a part of this . Jim   
Comment by Marketbeat on Apr 28, 2024 2:32pm
hopefully they can close on it.  Good luck to all. 
Comment by Baserunner on Apr 28, 2024 2:56pm
That is why for a reason FT will be a take out once permits are in place! Goad and the pointed heads are shown the door! RT or whomever therefore can get on with their objectives in obtaining permits. This thing will not be running under the Fortune  name! They will ditch that name before the ink is dry on the papers! 
Comment by Jim1712 on Apr 28, 2024 5:35pm
You don't like the name ?   Its been around forever ....... Jim 
Comment by Freedom2022 on Apr 28, 2024 9:55pm
Well, the fact they only extended the "deadline" 1 month, should say Something?  No?  why not 3 more months just in case?  lets hope May is our time!  ,, cheers!