Fortune Minerals Ltd T.FT

cm heard

[Freedom2022]

Maybe the problem is large companies dont want to deal with Tilicho (headache ) and limited minable output to justify  the expendeture of over 750 mill by the time things get done?   just asking,, i dont personally think the tilicho are a headache , but the companies might,, the drill results may be the deciding factor. So , was it decided that boosting output was un feasable for FT and there small budget , or would a large co with deep pockets be able to produce more concentrate?   cheers

[red]

Tlicho are not a problem they are an asset, every bank in the country knows a resource project needs FN support. The Nico deposit / FT has that. There are over 500 relative recent resource projects in Canada who have set the stage. Of all the mining companies working in the north I have yet to here of a complaint and know that that diamonds are flowing from companies working with FN without

[red]

This is a small operation and they can get 5 million loan to invest in processing in Sask  https://cabinradio.ca/89375/news/economy/nechalacho-mine-owner-announces-5m-loan-for-sask-facility/ what can FT get ....probably a heck of a lot more if tlicho was more involved ..I can't help but think if it would be out of the question to have a Tlicho- ian on our board of directors lol .....

[geolith]

I agree that the Tlicho MAY be an asset, however we know they rejected Fortune's application to allow processing of the concentrates in their territory. We do not know of any project that they've approved. We don't know if there may be any special terms or conditions. When investor's don't know something, they discount it. Always.