Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by redon Aug 24, 2021 8:36am
95 Views
Post# 33753759

RE:RE:RE:RE:Say what.

RE:RE:RE:RE:Say what.The S potential is our best option but it's still speculation on our part - Just makes too much sense - when the S CEO says BMs and CMs are his current and future goal, I like to believe that he means a bit core than Ni .....they don't produce battery grade cobalt YET but serriously with proven Nico and huge potential of Sue Diane it literally is the potential future of the company, as a S shareholder  I would be tickled pink to see us with some Canadian sources allowing us to tap into the NA battery market ( which is what the CEO said he plans). They can't do that with Cuban Ni. I guess he could be th8nking EU end users but hard to say and that would mean status quo for S.

The Cuban MOA mine is an apparent environment disaster, Cuban covid largely uncontrolled, politically it's a rats nest according to my Cuban friends and they feel only gets worse before better. A CEO must consider all of these factors along with the Bm and CM market potential as they plan the next 5-10 years and beyond.

Yes they could just carry on as usual but that is not the style of the new S CEO ....he is a deal maker. At every level the potentials that Nico brings to a company like S seem endless and nothing but opportunity on every front I look. Because of our gold and thier expertise with processing and extraction Nico is money in the bank.

it seems to me RG should not have too work to hard to get them to see this but I don't doubt he is trying just based on comments about more gold extraction first ( money in bank) ....then solving waste problem ...then down to two sites and one with facilities....I mean really it's not that hard to figure out what he is trying to do and means as far as that option goes we are in S hands to make decisions...... who know about the second site but he has to have a back up plan if S does not bite.

just my thinking 
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse