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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 > Cobalt Price
View:
Post by Lotten on Jan 06, 2021 9:04am

Cobalt Price

Looks nice.

https://www.mining.com/markets/commodity/cobalt/
Comment by Lotten on Jan 07, 2021 5:14am
Approaching 52 weeks high.
Comment by Lotten on Jan 09, 2021 3:51am
Price still climbing. And have a look at the futures. https://www.mining.com/markets/commodity/cobalt/
Comment by red on Jan 09, 2021 8:32am
We would be fooling ourselves to think that demand for cobal will not continue and expand as Europe leads the automotive transformation. Clearly existing Manufactuers, let alone start ups, will not be leaving this to Mercedes in the short term and in to the next 5 or ten years.....it's going to be huge and will be putting pressure on cobalt supplies, which we are seeing, and we probably ...more  
Comment by red on Jan 11, 2021 8:37am
To my point and is just the beginning and when this situation advances will help drive a coming surge on cobalt supplies where ever that cobal is... https://www.reuters.com/article/us-nio-china-idUSKBN29G06C What's interesting is that most of us never even heard of them (NIO) ....most of those that we do know of, which are probably less than 15 major manufacturers that we could name ...more  
Comment by red on Jan 11, 2021 10:48am
GM is seeing the light on the marketing required ans not because this is a fad ... “There are moments in history when everything changes. Inflection points. We believe such a point is upon us for the mass adoption of electric vehicles,” said Deborah Wahl, GM global chief marketing officer.   https://www.reuters.com/article/us-gm-logo-idUSKBN29D2G1  
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