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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 > IMO management has no more .......
View:
Post by vega509 on Nov 28, 2023 11:45am

IMO management has no more .......

credibility
shareholders to fleece
money to keep themselves living large
empty promises that anyone would believe

Fortune went public Nov 7 1997 at $7.70 / share ($14.40 in todays money). the stock never reached that price again. for the most part it has been all downhill with the ocasional and short lived uptick. those who invested at the outset have been rewarded with a 99.83% loss and can take comfort the execs rarely missed a payday.

other than collecting paychecks, what has management accomplished in 26 years?
Comment by ztransforms173 on Nov 28, 2023 12:09pm
- there is a LOT OF GOVERNMENT MONEY on the TABLE that was NEVER THERE BEFORE due to the INSANE GREEN CULT AGENDA - TECHNICAL and PLANNING PROGRESS has BEEN MADE but FINANCIAL PROGRESS is STILL A DISTANT DREAM but is NOW WITHIN GRASP (???) if SECURED CREDITORS 'BELIEVE' that there is a CREDIBILE PATH FORWARD and GREATER STREAMS of PAYABLE ORES are PROCESSED and REFINED at the ...more  
Comment by elitespooner on Nov 28, 2023 1:02pm
great Corporate welfare; exactly what Taxpayers want ...
Comment by vega509 on Nov 28, 2023 4:03pm
so .......... give them another 23 years to show a little progress and pay themselves many more millions over those years? stick a fork in Fortune, its done, and has been for well over 5 years
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