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Bullboard - Stock Discussion Forum Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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 > One year.
View:
Post by Jim1712 on Mar 17, 2022 3:07pm

One year.

Gold has moved up about $140 us an oz.  X 1.1 mill oz. 


cobalt has moved up almost $20 us a lb 

Fortune share price ? Up  1 penny to date. 

Make any sense ?

Jim

Comment by MoneyMan123456 on Mar 17, 2022 3:43pm
I believe it is because there isn't a viable strategy in place by management.   They need to create some excitement around the resource and hold a sales process that will make miner's kicking the tires on the size of the resource either fish or cut bait. When a company is listing towards bankruptcy with little interest, companies may hold back and try to pick up a resource on ...more  
Comment by Lanceromance on Mar 17, 2022 6:16pm
in all honesty, a high school kid running a TikTok and Instagram account for Fortune would be a huge step up!
Fortune Minerals Ltd
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