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 ztransforms173on Apr 19, 2024 5:11pm
158 Views
Post# 35998921

RE:Some good planning behind the scenes!

RE:Some good planning behind the scenes!- I DON'T THINK that the DATES are CONNECTED

UNLESS:

* JFSL WANTS to BECOME a FT SHAREHOLDER

- I DON'T SEE this HAPPENNING unless JFSL is willing to TRADE PROPERTY OWNERSHIP for FT shares

- a REALISTIC VALUATION of 10 CENTS per FT share would be D0ABLE and PASS the FIDUCIARY TEST

- is the JFSL REAL ESTATE WORTH ~ 10% of Fortune Minerals ??????????

- I REALLY DON'T THINK SO THAT JFSL WOULD BUY INTO THIS SCENARIO !!!!!!!!!!

- ONLY WAY JFSL would SUBSCRIBE TO THIS is that they 'BELIEVE' that the FEDERAL GRANT CAVALARY is COMING to the RESCUE

- PURE GAME THEORY on my part

- ONE POSITIVE THING out of this GAME SCRIPT:

* FT would be in LEGAL POSSESSION of the METAL REFINERY SITE and they 'COULD' ADVANCE all THE REQUIRED PERMITS on a FAST TRACK BASIS


z173

<< Previous
Bullboard Posts
Next >>