Fortune Minerals Ltd T.FT

Gold Sparkles

[Yellowknifer69]

Hello and good afternoon my fellow suffers!

It has been a long time since I have posted anything - not much to get excited about with FT lately.
with gold poised to breach the $2000 mark, it is hard to believe that we are wallowing in the $.006 cent range?

I think it is high time Robin gets out of the way and lets someone else try their hand at moving the ship forward.  I also cannot understand what we are operating on - surely we are down to sniffing fumes?

no private placements, no notable news (as usual), Where is Fortune Minerals these days?

Still here but barely ;o)

Yellowknifer

[geolith]

According to their last Financials, as of September 30, 2022 (nearly 6 months ago) Fortune had $521,000 in cash, and $14 million in current liabilities.$13.8 million of that liability was debt. Fortune spends nearly $300k per month to tred water, nearly $100k per month in G&A.  Operating expenses are about $300k per month. So, if everything stayed the same, our $521k in cash would have

[Marketbeat]

Thanks geo- I would encourage others to look at the financials as they can be eye opening. I've been having a hard time understanding how we are still in the same place after all of these years... YELLOWKNIFER- spot on- maybe we let someone else run the ship - it seems like we are nearing the end of the line anyways.  How will he do a private placement? Who will give more money

[Freedom2022]

Oh No worries! fellow "bag holders" the USA and CAN govs ! Will save! the Day!  lmao,, i would vote Goad out if you will?  lol  i only have 145,000 but i have more than some insiders i think?  regardless, action speaks louder,,, Cheers !   Green beer,, puke!   

[red]

We can take off where you left off cause not much has changed. We are still a flip of a switch away from something.  what we don't know is just how many lights will come on when it does, if it does, when that switch is flipped,

[sirfartalot]

All in my humble opinion: Another opinion on the hypothetical forethcoming gold price, if one is interested: https://www.cnbc.com/2023/03/22/gold-price-could-hit-high-amid-svb-credit-suisse-bank-problems.html Good luck to all long bagholders We wait ... For something shiny ?

[red]

Adds to the intrigue of the "macro" of which we find ourselves....given gold has always been a safe haven for so many and where cobalt is / has been volatile, one would think the Nico unique mix of CMs and the precious metal, would be more desirable ....why not ? What is it financiers see and not see ? the Feds will come up with some supporting components...will it be money? Regulatory

[Unlurker]

I say we replace him with this chick..  Whaddya think?

[Unlurker]

Well, I tried the "Embed YouTube video" thing.. Doesn't look so good on my end. Here's the video I tried to embed... https://www.youtube.com/shorts/xlS0iI2tozo