Fortune Minerals Ltd T.FT

procon

[goober2019]

I know Fortune made the deal with Procon ( china connection ) when it wasnt a "Dirty Word" as in todays political climate,,, Same as "Dirty Oil "   but , could our connection with a chinnese company be hurting our project in any way?      just thinking out loud,,, any thoughts?    do we need to "purge " procon from our project?       cheers!

[elitespooner]

I think we have a rich history with China in our nation building, its a shame whats happening. When it comes to geopolitical risks, well were seeing it. They were recently turned down buying TMAC in the North. Theyve shown what they can do when they step away from a Market (aus for example)...

[red]

In true Canadian fashion we will conduct this "kitty bar the door" type of politics and act with out saying it directly .... unlike Americans who put it on the table, say it and drag us along like it or not....but then again they can. we should not sit back scared of what they might do cause they will do it anyway when it suits them.... believe me thier 1% like our pork .... thier

[Marketbeat]

I've always wondered that.  I guess we can always look for reasons as to "why not".  Not trying to block that out...because it's a reality that we must all come to grips with when choosing to invest.  rather, looking at what we do know and how it can help us over the hump: -road to be completed this spring/early summer  -refinery to be announced

[red]

And....a plan for,hazardous wastes, a couple of Mill site high possibilities, new rail facilities at Enterprise, Major international players mining in our back yard, who know what's going on, a FN group who supports the project... along with your points and there are others  ....it does not get any better.  our down side is some company history but not enough to swing us to the

[Tuckerthefox]

Procon doesn't have majority of the shares however appear to be the largest single share holder. No control over FT. Please correct me if I'm mistaken. I would be curious to know what they paid for their shares. You can look at it as a possitive "they wouldn't have bought in unless they knew there was something good at Nico. Tucker

[Lotten]

In the political situation we have in the world today I would consider the ownership in Fortune by Procon to be a kind of drawback for the company and its attempt to realize the Nico project. But I also think we should not overestimate the impact of Procon in Fortune Minerals. Procon doesn`t own the company. And I think the development of the Nico project will continue, but of course questions

[red]

The procon situation is interesting.....we have a mine builder who owns a good chunk of us so anyone who has servered as a director on a board of directors would understand the influence the board or a board member has on the direction of a company. It would be interesting to understand the influence of Yurkowski on and to the BOD, there are several board members that know squat about mining

[geolith]

Membership on a board is determined by the shareholders, but stacked to whomever the nominating committee of the board recommends.  If the balance of the board where each member has one vote determines a change is in the companies best interest, board members may or may not be nominated at the next agm.  And shareholders can always write in a nominee. Procon's board seat is because

[red]

And likely because they brought money to the table when it was critically needed

[geolith]

Whule money is always welcome, sometimes it brings idiots. Running a jr mining company is not the same as running a revenue generating company. It's more like a research and development company, marketing ideas and potential, not revenue. Very different management, with a vision of what might be rather than what is.

[Jim1712]

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