Fortune Minerals Ltd T.FT

I wonder what Jrv is cooking

[Marketbeat]

We will find out soon. 

I believe this news with have implications for the overall market depending on what's released. 

any jr announcement excites me because it shows the market is taking this space seriously

[red]

Exactly my sentiments ! 

[AbuBaba]

A recent post on the JRV board suggests that JRV aims to buy out FT, and that is the news to come.... At a market cap of $40 million, why not?

[red]

I seen that post on JRV  .... and did not take it seriously and no real reason to do so....  but if we can get into a biding war lol it sure as heck won't hurt us lol  I will say this.... I have watched that JRV CEO and if anyone thinks our CEO is arrogant ( and I certainly don't ) wait til you meet this guy.  I think JRV exec's have lots of expertise from

[Phil001]

I'm not a jrv shareholder.. but they don't sound to happy about it!! Lol..

[Unlurker]

Looks like they scraped up $100M... https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2313-tsx-venture/jrv/103607-jervois-settles-us-100m-bond-offering-purchases-ico-accommodation-camp.html

[red]

Well if nothing else they caught everyone's attention. I am have a bit of a problem digesting that the USA gov will support Idaho mined ore processed in Brazil as it kinda goes against the grain of intent with ramping up home grown sources ....yes some mining jobs but the technical fun and good paying jobs being done elsewhere has me wondering. given JRVs executive capabilities I am a bit

[Jim1712]

Wouldn't it make sense for them to pay toll charges to have it processed in Canada without any capital outlay ? We wait.   Back under my rock.   JIM

[red]

It's about time ! Lol, great to see

[red]

I think that JRV CEO thinks they are the only viable first out of the gate cobalt in NA .... as if he can meet the demand coming.  if the best they can do is say we bought a 100 man camp ( and probably spent 3 million on that ) to reduce traffic and save travel time looks a bit odd to me .... the financing stuff as good as it may look I am skeptical.  to your point on shipping it

[Jim1712]

Interesting that JRV remains halted.  Last nights news was maybe just a refresh for promotional purposes .  Keeps them in the limelight till the real news hits ?  A refresh .    Their web site says the halt can remain in effect until next Wednesday or earlier if the news is put out by the company.  Lots of  promo going on.  Let's see how it goes

[red]

Yes is very interesting .....any significant activity in the NA cobalt world is good for all of us, what ever is brewing in JRVs world could spill over and help us? That's a big unknown  as lithium demand approaches out stripping production and so much going on in the lithium ion battery world, it's seems the great disconnect is coming to a head. There are few that are in a position

[sirfartalot]

@ Red I was right.  They always come back! Jim 2.0 Welcome back Jim.

[red]

True....any other predictions? We could use some more good ones.

[Lotten]

I think JRV should be doing their own stuff, and I doubt there will be more news even if JRV remain halted for some more time. And I can't see any connection with FT. A refinery in South America? Not at all in my opinion. We will soon enough get to know the refinery plan from our own company. I belive this will turn out nice. :-)

[red]

On all points ..and based on what we have to work with.....I have a tendency to agree with you Lotten.