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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 > apprehension ?
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Post by Freedom2022 on Aug 21, 2022 1:22pm

apprehension ?

Ya im .26 cents,, thanks for the input Jim,, imo, the fact Nico is on Native lands , maybe FT is kept in the final deal, for relations with Tlicho , so a buyout looks like option 3 lol   The cobalt belt in ontario has land right issues , We do Not, N America needs Nico in spite of its logistic issues, and the Refinary is the real deal maker imo, with recycling being a huge buzz word , Alberta is wanting this kind of project,, i sell or buy on my own decision making ,,, nibble nibble ,, lol  cheers!
Comment by MelodicHysteria on Aug 22, 2022 12:49am
Gonna be a negative nancy for a moment as the title is "apprehension" and will discuss all of those reasons. The likelyhood of FT being kept in the deal is very low if not 0% chance. The reason is, any big whale (think BHP or Wyloo Metals) does not work in decades, they work WITHIN a decade. They see anything that cant be done within 10 years as collosal failures so bringing a team on ...more  
Comment by red on Aug 22, 2022 7:49am
I wound not look at the tlicho as a hinderance, they have been clear as to what the new tlicho hiway will do besides servicing a few hundred people, they are 20 % partners in that 400 miiliion project, for a reason and also shows I think willingness to participate with industry for the inevitable given diamonds are clearly not forever. Acceptable parameters of TLicho participation have been ...more  
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