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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 > fast takes time
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Post by goober2019 on Jan 11, 2021 4:16pm

fast takes time

Thats when i think FT will be at its most valubale and cobalt at its largest divide demand and supply  wise according to Fortune info,, also i think at about year 3 of Bidens plan the Green Economy / EVs will really take off!   Nothing ," just happens " it will take time,, all this depends on political factors (mid term ) , and also covid and well , just life.   Europe and Asia are ahead of N America ,, but we always new we would be "last to the  EV party "  lol     for instance the Ford F150 ,, the Golden Goose of the pickup world in USA and Can,, is getting promoted hard and once enough "good ole boys" and other users hopfully like electric , word gets around and presto, demand and sales go up fast,, takes time,,, cheers!
Comment by Marketbeat on Jan 11, 2021 4:53pm
While I do agree, longer term when it's actually producing it will yeild higher returns, I however think short term there are a few catalysts that will push us higher.  1.) 3D Geo with drill recommendations  2.) Drilling and results/ ideally confirming what already known- there is more gold  Those 2 alone should create a lot of excitement. I think we will see a lift in ...more  
Comment by Marketbeat on Jan 11, 2021 5:07pm
I should add that the refinery site would also bring more excitement... and be a precursor to funding.  so that would be: 4.) Location and commitment to refinery site.  5.) benefits agreement with the tlicho.  all of these things are in play. I just don't invision a realty in which we don't get into some form of production.  
Comment by frontrunner1 on Jan 11, 2021 5:25pm
I think the real question is when do they run out of money?  They are going to have to do a PP pretty soon. Thats probably why the share price has moved up a little so that they have some room to price the PP under the market price and sell it to fools. They called me and I said "No Thanks! Not Until Goad is Gone Will I invest Another Dime!"
Comment by Jim1712 on Jan 11, 2021 6:28pm
This post has been removed in accordance with Community Policy
Comment by red on Jan 12, 2021 8:35am
I think the next news that's important to come out is and has to be related to at least one critical component and is one thing that is most important to the operation and big picture and that is where do we process? ...there has been little discussion of this since the rejection of the sask site in Langford other than they are or have been looking and when that info is released will show a ...more  
Comment by Jimbo71 on Jan 11, 2021 9:57pm
I know the company has been relatively silent on the geophysical survey results, however I'm curious if anyone on this board has some experience with these and has an idea when we could be seeing results from this survey. It feels like we've been waiting a long time for the results
Comment by Lotten on Jan 12, 2021 8:10am
Marketbeat you are crazy. If all your things happens the stockprice will hit a dollar and go far above it. :-) See there is ask for over 600000 today. Fine. They will be gone at the end of the day.
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