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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 > Tlicho Lands Protection
View:
Post by elitespooner on Jun 10, 2024 1:20pm

Tlicho Lands Protection

Tlicho should not sale off their Gold.

If the US military wants the commodities for their industrial use, so be it ... BRICS are forming, Gold is being tokenised and the Tlicho need to consider a future of their assets ..

Comment by ztransforms173 on Jun 10, 2024 2:11pm
- TOTALLY USELESS comment - the Tlicho DO NOT HAVE the MONEY to RETAIN GOLD RECOVERED from Nico  z173
Comment by hounddog69 on Jun 10, 2024 2:30pm
Agreed. This guy was conspicuously quiet when FT went on a run, now that the sp is stagnating of course he's back with the negativity
Comment by geolith on Jun 10, 2024 2:32pm
Tlitch do not have any gold.  The may have a claim on gold in the ground, which is currently valued at <$10 per ounce.  Gold Terra or Stllr are companies that show this valuation.  Mined gold is worth close to CDN$3,200 per ounce.  Operating mines have their gold valued somewhere in between the two end-members.  A simple 1% nsr would give the Tlicho a lot more value ...more  
Comment by red on Jun 10, 2024 5:00pm
And "clearly" that is what the TliCho are looking for ... recently they have been vocal on the concerns of the diamond mine closures coming and what their future mining income streams will be.  let's face it .... they may not own itje gold or CMs but your not getting to it without them .... we know it and they know it and the same time they also recently promote " working ...more  
Comment by ztransforms173 on Jun 10, 2024 5:18pm
- they have NO MONEY to PARTICIPATE in an EQUITY POSITION - so UNLESS the Government of Canada LOANS THEM the MONEY, there is NO PATH to a SIZEABLE OWNERSHIP - EMPLOYMENT and GOODS and SERVICES CONTRACTS PERFORMED by the INDIGENOUS Tlicho PEOPLE on the Nico Project are a TOTALLY DIFFERENT BALLGAME  * we HAVE this BASE COVERED z173  
Comment by red on Jun 11, 2024 8:02am
I guess we need to know if the gov of canada Indigenous mining contributions programs have been tested with Tlicho ....unless you know that already ? As of Nov 2023 they have new leadership and 2024 and going forward is all about mining, they are clearly eying up Giant mine remediation, partnering on a solar install with STLLR all things we have not seen in past years then have their own hydro ...more  
Comment by red on Jun 11, 2024 8:31am
Hmmm... " ..... from the NWT Premier about mining: “With diamond mines soon closing, we will work tirelessly to increase exploration and development.” We now look forward to the mandate letters for his cabinet for more details."  the premier has also been in the press about taking more GNWT taking more risk  ..... who knows what that translates to but given our advanced stage ...more  
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