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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 > Battery metals
View:
Post by red on Mar 03, 2021 8:30am

Battery metals

Afte reading the full artical, it's hard to believe that FT would not be a target of some of the largest mining companies in the world and mentioned and also a raft of others not mentioned and are all likely part of the 42 NDA holders that Robin and company preach that we have. 

https://www.reuters.com/article/us-usa-mining-insight-idUSKCN2AT39Z

everything is changing around us driven by electrification in one form or another, the writing is on the wall for battery metals ...the big boys so to speak, are ramping up and interest is gaining momentum very quickly. Many of potential NDA holders are already operating up north. We are ready and far ahead of so many in the field, we are not the biggest source of cobalt but we are an advanced source that could be on line in relative short order. There appears political will to compliment the market requirements, you could not be a mining giant and not notice The Nico deposit and the timeline of which it could evolve. Is FT going to compete with them or will we be taken over. I am pretty comfortable that the resource will not sit in the ground....I am sceptical we could compete ....we can't give the impression that we are waiting for some one else ....we need to forge ahead and answer the questions of processing and when we do we will look like a very differant type of target and that appear to be unfolding before us.... it's going to be interesting.

Comment by Lotten on Mar 03, 2021 9:24am
You always make me feel optimistic red. Even if negative thoughts are sneaking up behind my back. Thank you!
Comment by AbuBaba on Mar 03, 2021 9:26am
Another year, another PDAC. Lots of big talk from Goad and co., but no action.
Comment by Yellowknifer69 on Mar 03, 2021 8:43pm
Sorry Abu - I think I must have mis-read your statement when you said big talk from Goad? I think we may have had meaningful communication from Fortune maybe twice last year?  that is definitely not his strong point! NOthing to do but sit, wait, and hold. I see cobalt futures continue to creep up - thanks to Market for posting these in the mornings - appreciated! If nothing else, it is ...more  
Comment by red on Mar 03, 2021 1:51pm
Lotten...... " optimistic" is a great word and and a great way to be. I would not be on this BB with FT, the way that I am, if I was not. Many others have helped me to get to the mind set I have.  I have done enough DD in mind my on this JR, and in light if everything going on these days it's hard for me to see anything serious to creat doubt of the potential here  and well ...more