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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-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Bullboard Posts
Post by kjs4381on Oct 31, 2006 11:37am
86 Views
Post# 11586341

stock price

stock priceSo here we are, supposedly just a few weeks away from the the BFS. The stock price is down even though the BFS should put FT in a more favourable light with investors. But why is the stock price not showing some strength? Could it be that people just don't trust this company? I mean just because they continue to mislead investors in when important information will be released shouldn't be enough to lose confidence, should it? There are some people who might think the stock price goes up and down with no news and that is normal trading. To some extent that may be true. But anyone who thinks this stock trades like any other should take their head out of the sand. Show me just one other stock that trades like FT, just one. You can't because there isn't one. I know the pat answer here seems to be if you don't like it sell your shares, and if you don't like how the company treats it's shareholders, than keep it to yourself cause we don't want to hear about it on this board. If you don't want to read negative than just ignore the posts. If a few more people spoke out even on this board,(cause Iknow mgmt read it) it might let them know what share holder sentiment really is. Of course this is JMHO. You don't have to agree, you can just go and stick your head back in the sand.
Bullboard Posts