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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

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Post by geolith on Sep 24, 2022 1:40pm

Juniors

There is a myth out there that junior miners are fleet of foot and can make quick decisions as they are unencumbered by entrenched bureaucracies endemic to larger corporations.  Perhaps.  But juniors have one, sometimes two peoplle to do all of the generative work, run and soetimes participate in exploration, raise funds, market to the public and first nations, deal with regulators, tax men.  This can tax one's capabilities let alone resources.

Experience has shown quick decisions may occur, but projects do not move ahead quickly.
Comment by Allman on Sep 24, 2022 2:46pm
Hopefully Haywood helps us get some momentum.
Comment by Jim1712 on Sep 25, 2022 9:13am
Sounds a lot llke Fortune.   Robin wears many hats. JIM
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