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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd
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(25)
•••
Comment by Marketbeaton Oct 09, 2020 4:01pm
174 Views
Post# 31697071

RE:RE:RE:RE:RE:Where is management?

RE:RE:RE:RE:RE:Where is management?

I agree and do believe in the macro market conditions. But seeing where FT is makes me question managements abilities to capatalize on the opportunity.

We are trading at .065... this is a joke. We keep declining. Seems to me a hostile take over may be in the making. 

If anyone can illuminate me as to why we keep eroding that would be awesome. 


look at jrv, and how the current ceo explains take overs... 

https://youtu.be/x7HuUiFVmFY

 

It's a very good interview and sheds some great insight into the market. 

Bullboard Posts
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