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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 > CIM strategy
View:
Post by elitespooner on Dec 12, 2022 3:26pm

CIM strategy

.. realisation is shareholders are getting slaughtered...
Comment by Yellowknifer69 on Dec 12, 2022 3:30pm
Well FT still doesn't have any cash for operations.  so it is my guess that a nice little PP is coming up any day now.   Also, where does the cash to buy the processing site come from?   Yellowknifer
Comment by Jim1712 on Dec 12, 2022 3:41pm
The millions of dollars question  .  I'm betting the other debt holder has some insight.  Jim    
Comment by Jim1712 on Dec 12, 2022 3:45pm
Or $25 mill from the USA military! Jim. 
Comment by elitespooner on Dec 12, 2022 4:10pm
Jim, Looking at the applications requirement on CDN applications, shows some 80 days before a definitive response. Whats the USA app look like ?? wasnt this request earlier in the year ..?
Comment by elitespooner on Dec 12, 2022 3:41pm
There was mention back in Nov that some permits had expired, has that been resolved or extended? no cash for those either .... ??
Fortune Minerals Ltd
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