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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 > Nico will be developed sooner than later.
View:
Comment by Jim1712 on Oct 30, 2021 9:56am
The video flashed around WhatsApp groups, Twitter and Facebook. Shot at a Chinese-owned copper mine in the Democratic Republic of the Congo, it showed two men screaming and writhing on the dusty ground as soldiers kicked and whipped them, while helmeted managers watched.It was one of many videos and photos that went viral on Congolese social media in recent months – some real, some fake – all ...more  
Comment by Jim1712 on Oct 30, 2021 9:58am
“It all comes back to cobalt,” he added.Artisanal miners work at the Tilwizembe, a former industrial copper-cobalt mine, outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo..  KENNY-KATOMBE BUTUNKA/REUTERSA hard silver metal, created by smelting down blue-speckled blocks of mineral mined from the Earth’s crust, cobalt is vital to the ...more  
Comment by Jim1712 on Oct 30, 2021 10:02am
On Twitter, Chinese Ambassador Zhu wrote that the DRC “must not be the battleground for the great powers,” adding that “no one has the right to use the country, a sovereign and independent state, to satisfy their own interests.” Global Mining, an online Chinese publication, suggested the DRC’s recent push to scrutinize Chinese deals was encouraged by Washington.
Comment by red on Nov 01, 2021 9:18am
The Chinese gov actions around the world have but one objective and it's not good for anyone other than the Chinese communist gov. ( others not far off) .... I don't believe a word that comes out of them.  rape and pillage is all they know of resources and at almost any price..... every dog has his day. the people ?? That's a different story. business ? Best cover your -SS ...more  
Comment by Jim1712 on Nov 01, 2021 2:15pm
Procon owns a significant amount of shares in Ft.  They are owned by the Chinese.   Jim. 
Comment by red on Nov 01, 2021 4:15pm
I hate to see the price we pay to dance with the devil. 
Comment by geolith on Nov 01, 2021 4:54pm
You can bet that the Canadian Government will take an interest should the Chinese express even a passing interest in financing and developing Nico.  And they would not be interested in processing in Canada.  It would save a lot of money.  Just ship the concentrates to Tianjin.;(
Comment by Jim1712 on Nov 01, 2021 6:06pm
Then our Canadian Government's need to step up to the plate .   Loan guarantees, tax holidays and the usual give aways ! The Chinese get it .  We are slow to even get started .    Just sayin.   Jim 
Comment by red on Nov 02, 2021 8:20am
I like to believe we are wise to them ... but then again been more disappointed than not. But then again our friends to the south of us have a way of slapping us and kissing us at the same time too. 
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