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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 > Batteries as commodities
View:
Post by Marketbeat on Apr 30, 2021 5:38am

Batteries as commodities

Hey folks! 


when you have some time, give a listen to this recording. Simone Moore's discusses the implications of batteries and the underlying resources ...
https://hcinsider.global/batteries-as-commodities-trading-the-platform-technology-of-the-electric-revolution/

Comment by red on Apr 30, 2021 8:31am
Fantastic post and very interesting, I hope all FT longs listen carefully. putting pieces together can lead you to one only one conclusion, hang on to your cobalts..... if half of potential and predicted and needed production occurs we are going to be part of someone's plans. the USA and the west, I think will soon be in a post wwIi type movement to reduce the time required for battery ...more  
Comment by elitespooner on Apr 30, 2021 9:41am
Red, keep up the optimism its good to see Before any offtake agreements occur, do you not think there should be an updated feasability ??
Comment by red on Apr 30, 2021 10:40am
I will be disappointed if we have to go that route and spend that money. It's my opinion that the writing is on the wall and desperate manufacturers would be able to see what's coming in a very volatile geopolitical cobalt world. With a process site and possibly potential partner comes in to play, what we do know it's going to cost less.... the old FS is clear on 15.00 cobalt and ...more  
Comment by elitespooner on Apr 30, 2021 11:06am
I think its monies well spent, I think prices have changed or costs I should say since the last decade... It would be nice to see a few things occur in the short term, Tlicho Agreements, HYDRO and what they will produce for a ESG rating if they can muster that ... Im concerned of what the Drive to rail will be  ....
Comment by red on Apr 30, 2021 11:34am
More info will not hurt and I am afraid to see the cost of that study. with cobalt predictions by some to be on the 28.00 range by 2025 but also predicting a short term downside, by all accounts long term looks good for producers. a serious partner can do the math and is my hope that with a processing solution, that comes. Ft is going to cost in the 700 million range .... peanuts to the ...more  
Comment by Yellowknifer69 on Apr 30, 2021 7:24pm
How many more years of free passes are you willing to give Goad &Co Red?  You have been around for 10 or 12 years, correct?  The lack of accountability is a long-term trend that bothers me but I am not going anywhere.   So, you are okay with a new FS, a new PP to raise operating dollars, and a few more years of bullshyte? Yellowknifer
Comment by AbuBaba on Apr 30, 2021 7:44pm
Goad is the Polkaroo of cobalt.
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