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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 > Exciting Times!!!
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Post by Baserunner on Apr 14, 2024 5:35am

Exciting Times!!!

Yes indeed for FT! What RG has been saying and trying to get financing for over many years looks like it my be possible! If the investment community every comes back to the jr market in a big way, the stock will fly, .25 to .75 range looks doable again!
I wouldn't be looking a financing @0.03 or a roll back at this level!
Yes indeed Exciting Times once again for FT!
Comment by Marketbeat on Apr 14, 2024 6:43am
I agree, there is potential for gov money.  The near term financing RG was eluding to, may be dilutive. IMO.    Not a bad thing    Not sure what else.    Could RIO be putting a cash infusion?   Again…I’m spit balling. Our stock is in a bear market, I’m optimistic that the 15 tons of rock will be our answer lol. 
Comment by Jim1712 on Apr 14, 2024 8:33am
We wait !   The financing from the Canadian and   USA  governments is getting closer    This along with an updated feasibility study will be the catalyst for major mine and refinery financing .    FT is engaged with Rio.   Any deal with them would come after the Feds drop their money into the project .   This  project is ready !  Jim ...more  
Comment by AbuBaba on Apr 14, 2024 9:34am
Might this trend work to FT's favour? https://www.reuters.com/world/us/us-takes-action-targeting-russian-aluminum-copper-nickel-2024-04-12/