Fortune Minerals Ltd T.FT

Good news, bad news

[Str8shooter99]

well, that is some good news, however bad news is no results till fall and no deal, if they have to drill some more.

[red]

I think very likly our resource increases if indicators prove true and I think we could agree they will. The more we prove the more valuable we are,  if a buyout is lurking when do you take the plunge after we add a billion or two in resource to the already 4 billion package?  seems and odd approach all things considered in the colbalt world.  let's put that 4th wheel on

[FTzzzz]

Perhaps the potential buyer/investor has requested this before closing the deal.

[red]

I think there is a possibility to that thinking but god help the buyer if we add substantialy more to the 4-5 billion resource the have you would think the sale price has to go up but on other hand if we partner n develop that's a different story and increases product output or adds to the life of a mine or both.