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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > we been through a lot
View:
Post by red on Dec 30, 2020 10:45am

we been through a lot

and FT has been thru a lot over 20 years, for over four years 2004 - 2008 we were at or above 2.40 ...in that time peaked at the 4.00 range 4 times, in that time further peaked at 6.00 and was over 4.00  for at least 6 months.....a lot have things have happened since and the focus then was not always about cobalt.....a shift in focus along with market issues changed - some made alot on money here on FT and i am sure Goad n company did well too...point is we have been there. 

What we did not have then but have now is we are in electrification mode the world over - it undeniable and unstopable - like a snake shedding is skin seems like a long slow process but this will be like nothing the market has seen before (or us in most of our investing lifetimes). Cobalt will be a part of this change no mater what form and we know it has seen a great spike, and i would say do not underestimate what it's potential is...too many smart people are gong to look very dumb and loose alot of credibility if they are wrong - i dont think they are wrong.       

Here on this BB some time ago some one asked what our potential was....well history might say it was going to repeat itself but given the uncharted waters that we are in the world over and on so many fronts, I cant go with just repeat, as a spike then decline - cobalt is here to stay for the long term. Our unique FT and NICO deposit will be part of someones supply chain and i think with all these differant factors at play, its time is comming in 2021. Good Luck to all and best wishes in 2021.
Comment by Jim1712 on Dec 30, 2020 11:25am
This post has been removed in accordance with Community Policy
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