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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 > 215 per cent increase
View:
Post by Nemesis on Feb 03, 2022 8:57pm

215 per cent increase

[...]
 
The strategists forecast extremely strong growth in a number of materials to 2030. Nickel demand, for example, is expected to see a 60 per cent jump in demand relative to current levels and cobalt will see an even more impressive 215 per cent increase. Lithium is forecast to see the biggest surge – BofA predicts a 492 per cent expansion in demand in the next eight years.
 
[...]

Ref. : https://www.theglobeandmail.com/investing/investment-ideas/article-investing-in-mifts-metals-important-for-future-technology-plus-markets/
Comment by red on Feb 04, 2022 11:41am
it appears that this is in line with the european metals strategists as well - better days coming for cobalt and given we are the only primary cobalt (and permitted) mine in NA and by some accounts the only other one of two in the world - we shoud be a safe bet  - hard to imagine otherwise ! 
Comment by charliesteen on Feb 04, 2022 1:16pm
Jervois Global (formerly eCobalt) is fully permitted and under-construction with cobalt production expected 2H 2022.
Comment by charliesteen on Feb 04, 2022 1:19pm
In the Idaho Cobalt Belt, specifically the RAM deposit.
Comment by red on Feb 04, 2022 3:41pm
Not to question your information ...I would have to go back and find in coblat news who wrote this ....just passing on what I have read and maybe they are referring to Ram deposit but I doubt it.... however I did read that the Ram deposit has a life of 7 years ... which is better than nothing if it's fully permitted and primary cobalt... I guess if nothing else we would at least be the ...more  
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