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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 > Interesting watch
View:
Post by red on Jun 06, 2024 8:39am

Interesting watch

Speaks to us and likley the recent contribution is not the last we hear from our USA friends, strategic partners should be very interested....


https://youtu.be/vh08BSoMT8A?si=CXjPHx1P5XZEPH-a
Comment by robert41 on Jun 06, 2024 9:58am
In the last 30 days whoever trades under anonymous has sold 15 million shares averaging 9.5 cents either there's a ton of cheap paper out there or someone is keeping this in check for a financing. Large floats like we have are a problem unless your news is off the charts.
Comment by lire1 on Jun 06, 2024 11:09am
Well, in the prior six months a ton of stock traded at less than 3 cents, much more than 15 million shares, so taking a profit of about 200 % is not a bad way of reducing one's risk on the balance.  in any case, it is interesting and , perhaps , heartening to see that volumes have declined pretty sharply. Perhaps early acquirers of distress shares have got their initial capital back and ...more  
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