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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

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Post by goober2019 on Mar 12, 2021 9:30am

money

If FT has to finance , FS and drilling ,, look for a R/Split      And dont !!  tell me there will be No consolidation !!!    Nobody knows the "Future" !!    Where is the hype and excitment from the PDAC ?      Nothing!       45 sutiors?     BS   Alberta should be starving for projects,,  Lets Go!    lmao   No need for any replys ,,, this Rant is for Me!              cheers!
Comment by red on Mar 12, 2021 9:47am
Lol.....I won't tell you there will be no consolidation .....and your right No one knows the future ....so maybe there won't be any.  I am running on the tank that says we won't because the partner is comming. 
Comment by geolith on Mar 12, 2021 3:39pm
And sometimes it helps all shareholders.  It is a great way to get rid of options and warrants, so in effect, the shareholders get a bigger piece of the pie. Imagine a company trading at $0.10 with 100 million shares out and 50 million warrants at $0.15.  A 10 for one consolidation wouold give the 100 million shaerholders 10 million shares, and the warrant holders end up with 5 million ...more  
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