Fortune Minerals Ltd T.FT

Very quiet??

[Baserunner]

With all the activities of pass 2 weeks now a little quiet time! Or is much of the activities now going on behind closed door? I can't help think a take out is one big possibility before FS and closing of alberta property is completed! Maybe one of major mining companies getting a jump on others just kicking the tires a present! It also could start @ 0.40-0.60 ! Very interesting times for FT!

[red]

True, and while we eye strategic partners we are left to wonder what potential strategic partners are looking for that we don't yet have ? Canadian gov support is one thing and is important but American support is another significant thing and should speak volumes to all potential strategic partners. if they are waitin* to see a land deal, that will happen and should be obvious....if it'

[ztransforms173]

Baserunner - (6/4/2024 11:02:04 PM)   Very quiet??   With all the activities of pass 2 weeks now a little quiet time! Or is much of the activities now going on behind closed door? I can't help think a take out is one big possibility before FS and closing of alberta property is completed! Maybe one of major mining companies getting a jump on others just kicking the

[Baserunner]

Point taken!

[red]

Then update the 2014 FS that we have based on what we know today.  We can wait on the results from the RT testing and when done there is no guarantee that RT will do anything ( or is there?)  by the way RG is talking, it's one of two ways to process RT material and both of which he is confident can be done. Why not separate that and add the benifit of that to the updated FS

[geolith]

There is really no such thing as an update Feasibility Study except in the title.  All start from the begining as each QP must attest that they did just that.  They can at a minimum review all they data that they are responsible for. So the cost for the updated FS and the timing will be marginally cheaper and quicker than the latest FS.

[red]

Good reason to use the people who did the last one .... what's in the ground has not changed and should speed maters up on that front for the QP. 

[ztransforms173]

- the BIG REVEAL of the UPDATED FS will be: * the 97 km Tlicho Highway to Whati HAS BEEN BUILT COMPARED to the LAST FS in 2014 when the highway DID NOT EXIST * the PROPOSED HYDROMETALLURGICAL REFINERY in LAMONT AB is NOW MUCH CLOSER to the Nico MINE and CONCENTRATOR in a LOWER TAX JURISDICTION with GENEROUS TAX CREDITS and MUCH LOWER RELATIVE INPUT COSTS in relation to the SASKATOON SK site

[red]

Well that covers most points, I am not sold on the Rio tinto testing and results being that big of a $$ deal UNLESS there is some kinda untold story behind the scenes .... and none of us here know that today the gold recovery is the story that makes this today and RG should use this unique component of our asset while he can .... it's a huge component that China does not control ... the rest

[geolith]

And the transportation costs for the concentrate from Nico will be lower.