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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 > Presentation November
View:
Post by Lotten on Nov 24, 2021 4:20am

Presentation November

https://s1.q4cdn.com/337451660/files/doc_presentations/2021/11/211119-Fortune-Minerals-NICO-Project-Presentation.pdf
Comment by Lotten on Nov 24, 2021 4:48am
The only difference from October I found was the mention of the Whati road. Will be completed in 2021/opens November 2021. The waiting game continues.
Comment by red on Nov 24, 2021 8:08am
It's a bit disappointing that in a project "update" that there is no mention of current activities. For me I find that highly unusual ....we are maybe spending a million or more on drilling with goals stated in a previous release ....why not reflect that in a project update ?  do we not want people to know that there is WIP on this site to potentially expand the main deposit ...more  
Comment by geolith on Nov 24, 2021 9:25am
We know they must follow specific requirements for distributing material news. A presentation at a conference does not meet those requirements, so we know we should never expect much new here. And that is good.
Comment by Lotten on Nov 24, 2021 10:16am
That's correct. All fundamental news/information should be given in an own press release. But still it has been interesting to follow the monthly presentation to see if there is something new/different written wich point against a development of the Nico project.
Comment by red on Nov 24, 2021 10:35am
Just saying that the Work in Progress  announced  is underway is far from revealing something new.  work in progress is an important part of an updated project report.  UPDATE = what's done and what's going on ! 
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