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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 > the 'ptarmi'
View:
Post by elitespooner on Jun 17, 2024 3:04pm

the 'ptarmi'

Tether, the world's largest stablecoin launches new synthetic dollar backed by gold.

Now if the Tlicho perserved their Gold Assets, issue the 'ptarmi' to be used throughout their Lands, the tourism dollars could be exchanged from the digital yuan to the ptarmi ...








Comment by geolith on Jun 17, 2024 6:05pm
I don't understand "Now id the Tlicho preserve their Gold Assets."  There is likely many ways to preserve gold assets.  They could shut down all mining and or exploration, and they could retain 100% of their gold.  Not much value to them, but it is preserved.  If it were to be mined and they collect a payment or royalty, then they might be able to hold onto that ...more  
Comment by elitespooner on Jun 17, 2024 6:44pm
All gold bullion/bars produced on the Tlicho Lands stays within its Territory.
Comment by Notmyfirstrodeo on Jun 17, 2024 9:57pm
That shouldn't be a problem Troll since it doesn't look like any of the ore will processed in the NWT. 
Comment by geolith on Jun 18, 2024 9:52am
Fortune is pla  ing to operate a concentrator at the Nico Mine, producing a number of streams including a gold stream. To think that the Tlicho woukd chamge the financial model to where no gold would be permitted to leave their territories is ludicrous.   They cannot afford to buy it, and are not so obtuse as to try to expropriate it.
Comment by hounddog69 on Jun 18, 2024 10:05am
It's pretty hilarious that EliteTroll arbitrarily wants the tilcho to retain the gold, but not the bismuth / copper / cobalt. Why only the gold bud? Because you said so? Absolutely idiotic. Oh well, keeps the board buzzing while we wait for news. 
Comment by elitespooner on Jun 18, 2024 10:49am
yes
Comment by red on Jun 18, 2024 8:26am
With thier diamond mines coming to end of life, mining Shut down is not an option instead they  consider ...and build or participate in and maintain roads for access to develop mines and further allow permiting to that end especially at Nico, also build their business intrests to get involved in these mines and support them.  The significance of developing NICO where timing has never ...more  
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