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Bullboard - Stock Discussion Forum Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.

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RE:RE:RE:RE:Update ?

Sounds pretty standard response to me. The second part after balance sheet etc. though --- Was that summarized or word for word? It seems odd they would slip that in there as an investors relations...read more

RE:RE:RE:Update ?

From Troy We continue to work with Haywood Securities on securing financing to acquire the refinery site, update the feasibility study, address the balance sheet etc. All the inherent risks of a...read more

Highly Touted Drilling Program Underway - Alianza Identifies New Surface Occurances

“We are extremely pleased to have drilling underway at Klondike, just over one year after announcing its acquisition with our alliance partner, Cloudbreak.” stated Mark T. Brown, Executive, Chairman of Alianza. “It is very encouraging that we are uncovering new copper occurrences as we build access into the drill pads, strengthening our conviction that we are testing robust copper targets.” ...read more
@ the Bell: Markets bounce back, easing super-sized rate hike fears
In a turnabout from the previous session, tech stocks led a mostly broad gain for Canada’s main stock index on Wednesday. The financial and mining sectors also topped the gainers while utilities... read article.

We gonna follow Australias lead?

...."As about 2,700 executives, investment bankers, and industry stalwarts gathered in the precious metals hub last week for Australia’s key annual mining forum it was clear where the industry’s...read more

RE:RE:Update ?

TTF ..dis same on Monday morning  lol ....no reply yet ...  rate and reply

RE:Update ?

I sent a message yesterday. I'm not expecting they will give me anything. Any news should be made public. TTF  rate and reply

Update ?

All in my humble opinion: Is anyone planning on reaching out to investor relations to inquire whether an update for shareholders is forthcoming ? (Aug 12 ?) Good luck to all longs.  rate and reply
@ the Bell: Tech losses offset energy gains
Traders remain on edge as Canada’s main stock index fell on Tuesday as technology shares led the losers, followed by the industrial, health care, mining, and financial sectors.A gloomy forecast... read article.

Who and when

The dominos are lining up but when will they fall for everyone, if and when they do I'm sure it's going to be a great thing to watch Suspense mixed with a touch of anxiety lol  rate and reply

RE:RE:RE:Drill / ok experts

re. "the NICO project appears to be only marginally profitable under a best case scenario", if that were the case, one could now argue that the business case has significantly changed. E.g...read more

huge hurdles , good for FT

Just when Allman pumped me up he also points out the huge srtanglehold china has with CMs,, The West has a Ton of catching up to do,,, great for FT   yuk yuk yuk.   rate and reply

time to be positive

Well , after reading the last 3 Allman posts , im going to plan on there being No consolidation with FT,,, Look at All the dominos lining up for FT and Canada,,, Fortune should be able to make a great...read more

EV supply chains in spotlight with new US Act

... What is clear, however, is that the US supply chain is in its infancy and has yet to wean itself off reliance on foreign sources of minerals or components that do not have free trade status. ... ...read more

The Coming Mineral Conflict

Interesting lengthy article ... nice plug for the NWT ... Canada’s Northwest Territories, if made accessible, could provide a near-unlimited source of untapped mineral resources. https...read more

RE:Solar panels/batt get manuf. credits in Infl'n Reduction Act

Great post given there Seems a lot of break thru type research on bismuth and solar panels ....some right in the U of Alberta but also around the world. There is a reason bismuth is on the CM list...read more

US EV subsidy may be golden ticket for Korean battery makers

The bill implies U.S. President Joe Biden’s intention to isolate Chinese EV and battery makers. Chinese battery makers, including world No. 1 Contemporary Amperex Technology (CATL), control the...read more

Korean battery makers keep close tabs on US Infl. Reduc. Act

There must be a frenzy of competition now for Canadian critical minerals such as cobalt ...   South Korean lithium-ion battery cell makers are expected to be beneficiaries once the...read more

Solar panels/batt get manuf. credits in Infl'n Reduction Act

Let's not forget that bismuth is also covered in the Inflation Reduction Act (as well as cobalt when also used for solar panels and batteries in addition to EV batteries). ... tax credits in...read more

a monumental farce

NI 43-101 Technical Report Feasibility Study Revenue–Virginius Mine Ouray, Colorado Effective Date: June 15, 2018 Report Date: July 30, 2018.  rate and reply

RE:RE:Tesla

Good point, only time and the market will tell us ! staying long  rate and reply

RE:Tesla

No doubt there's suspense and frustration with FT, but if the market was in the know of something not right, why would Haywood accept shares in lieu of cash - surely they would be in the know...read more

Tesla

Something not right! Square peg into a rounded hole, Bid 0.09 ! Jaw all you want about things but after the news release from the USA , not looking good, market tells you that staying long  rate and reply