Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Still A Long Way To Go
View:
Post by Lotten on Jul 13, 2022 6:43am

Still A Long Way To Go

We can dream about a buck or two while we evaluate all the posts from Allman, and read the latest presentation from Fortune with expectations and enthusiasm covered with overgrown moss that finally something is going to happen. And who knows, things migth turn out to the better, but fact is that this company in best case is many years away from creating real values for its shareholders. Not only illusions. Meanwhile we need a deep pocket to avoid dilution.

I'm sorry to say, but I think we will be closer to four than ten cents in the near future before we migth see some sunshine on Fortune. Or perhaps we won`t see the sun at all?

Only my opinion from a very negative Lotten today.
Comment by Wallyneptune on Jul 13, 2022 7:23am
All good don't worry Wally
Comment by red on Jul 13, 2022 8:09am
Been there done that and manage to come out of it, pepto helps and in a small way supports the bismuth industry ....anti depressants could help but that's a lithium support that I choose to not use.  all of us have a variety of JRs we hold ...almost all in same boat including some gold that we buy today knowing it's 5-10 years out but we buy in anyway. Most only hang around FT cause ...more  
Comment by geolith on Jul 13, 2022 11:21am
You raise some interesting points Red.  Did investors buy FT, or any junior to ride it to production (a 25 to 35 year wait) or did they buy to participate in a share price increase?  The later requires one to pay homage to the Lassonde Curve, or at least requires promotion whereas the former does not.
Comment by Jim1712 on Jul 13, 2022 8:19pm
So , can you elaborate?   We are here for the long run ?  Do most buy for production ? Do most buy for a trade. Confused.   jim. 
Comment by red on Jul 14, 2022 7:35am
How about all of those reasons? Outside of my own personal interest I am pro NWT development, Pro Tlicho advancement and development and pro Canadian development. After BreX is all Canadian or nothing for my portfolio. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities