Fortune Minerals Ltd T.FT

best chance?

[Freedom2022]

Im just concerned that even with good news and results on the ground , the share price never recovers like we think it will,, many sucessful jr Co s have close to production or producing in there own CM related industry, yet there share price never really goes up much. Eg Royal Helium going down , its prodicing now yet No share price increase even though Helium is scarce and a CM, as well as Electra out east , its share price is steadly dropping,, i guess the only way we can go is up!  due to our bottom price, im not sure .25 cents is even doable in this weak CM market,, imo,a Buyout is my best chance , partnership im not so sure, how do We pay our share to be a partner?   cheers!

[Baserunner]

Bottom Line ! Buyout! RT is the only way to clean this mess up! They will dump everyone and start with just what they had agreed to!

[Marketbeat]

Hopefully something good for longs.  Especially those under water.  Stay positive in times like these I suppose.  what could a BO look like I wonder ?? .10/.25/.50?

[red]

Really don't have a lot of Choice MB ..., but in last 6 months, we have more going for us than in last 5 years let alone the last 15 or so years ...so yeah best we can do is remain hopeful....we wait.....

[Jim1712]

Pretty sure Robin would like to call it a day and enjoy life after FT also.   It's been  a long time.   Jim 

[geolith]

John Kearney didn't see production from Canadain Zinc, Don Bubar didn't see production from Nechalacho.  We're hoping for Pannenton and Webb, but not holding our breath.

[Freedom2022]

Totally agree Jim, thats why i see him being motivated as this is his/our Last chance to ride off into the sunset,, cheers!

[red]

Question becomes ...whose gonna fill thier shoes ? At the rate things are going I guess we down to a sell out ?  in these times many look not only at the products but what comes with it, what added value is there? Much of this is about people and other than Robin who may just be looking for an exit plan, what do we have to offer on this front? Troy ? Who else ?  the deposit is there,

[Allman]

Re. ELBM got ten million vs FT's $800k, I would contend that the 800 is sourced from the $3.8 Billion the Feds allocated in their 2022 budget to implement Canada's Critical Mineral Strategy (not so sure about ELBM funding sources being part of this) and that the 800 is just the tip of the iceberg, especially as you've mentioned, we have the deposit and advanced at that. So much more

[ztransforms173]

- the PROBLEM with FT for RIO is that NICO is TOO SMALL for their LIKING - they usually LIKE TO INVEST in HUGE WORLD CLASS mines and operatios - NICO at 1800 tonnes of COBALT and 47,000 troy ounces of GOLD is a RELATIVELY SMALL SCALE OPERATION by world standards - is IT REALLY WORTH their MANAGEMENT TIME and EFFORT ?  - the METAL REFINERY is the KEY TO HOOK RIO TINTO into the FORTUNE

[Jim1712]

Agreed.  The Refinery is key.   Nico would be just a small part of the feedstock for the plant.   Jim

[Allman]

re NICO deposit size, perhaps what has been demonstrated as proven and probable reserves would not lend itself to a huge world class mine, but then again according to Louis Corriveau from the Geological Survey of Canada, drilling to date has only scratched the surface with the deepest drill hole no deeper than in the order of ~ 300 m (RT's Kennecott open pit mine is 1200 m). So who knows

[ztransforms173]

-  DON'T get ME WRONG,  I am ALL FOR a BIG CHUNKY NICO mine - so YEAH, ENTENSIVE DRILLING (by a DEEP-POCKETED entity) in BOTH LATERAL and DEPTH will have the FINAL SAY on WHAT DEPOSITS and RESOURCES are THERE for THE TAKING z173

[Freedom2022]

Yes, we were always told the deposit is much larger than what they know,, was that a lie? They said enlarging the mine output wasnt cost effective, but was that for FTs limited ability to execute or would a Rio be able to increase output?  if it wasnt for the "china" world problem , this refinery or mine would never happen, ironic , how Trump started this trade war with china, yet