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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 > No news will be bad news
View:
Post by Marketbeat on Mar 14, 2023 8:16am

No news will be bad news

Hey all-

I've started doing technical trading analysis. 


here is what the technicals are saying about ft- sentiment is bearish. New support levels rang from .065-.05. Whatever happens in the broader market will impact us. 


this of course can change with a new release. 


dyor- we are ver far off from any meaningful returns as shareholders. 

Where is the accountability for this company? us longs are paying the price for utter incompetence it seems. So much good in the macro but ft can't piece together a few words for a news release

Comment by red on Mar 14, 2023 8:51am
News ? What could we possibly expect? At this point I would be happy to see the fuel receipts showing RG travel expense from Hamilton to Ajax Ontario, to meet with VW and find out who thier planned suppliers are lol, and maybe we don't want to hear?  ( but get a picture while there too) ...or maybe's VW will come to London ?  surely to god there is something to talk about ...more  
Comment by Marketbeat on Mar 14, 2023 8:55am
Ive been a supporter of goad and team. But its hard to support when they give no reason to.  No concessions for shareholders. No news of substance and nothing to move us forward.  I hope Im worng and our fortunes change...pardon the pun. 
Comment by elitespooner on Mar 14, 2023 11:53am
cant spell PARTY without a lil T & A ..
Comment by elitespooner on Mar 14, 2023 7:30pm
TA ... technical anaylsis ... sheesh
Comment by Marketbeat on Mar 14, 2023 7:36pm
I lol'ed . Well played 
Comment by red on Mar 16, 2023 8:07am
Since about the time RG announced he negotiated a deal with some northern Alberta group to deal with the toxic waste we produce, we have pretty well been working of the macro around CMs. At that time we figured possibly Sherrit could be involved and possibly the toxic waste facility at swan hills could make some sense. Not a significant word or thought of who or what since. so what have we been ...more  
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