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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 > Another potential application for bismuth
View:
Post by Allman on Sep 12, 2024 8:59pm

Another potential application for bismuth

While in wait mode, stumbled across this interesting potential application for bismuth - spacecraft ion thruster fuel; apparently bismuth is considered the holy grail of metal thruster propellants ...

https://aviationweek.com/space/launch-vehicles-propulsion/startups-push-introduce-metal-propellants-spacecraft

This fellow provides a layman explanation about these thrusters and why bismuth is preferred in the first paragraph of his blog ...

https://theshamblog.com/the-crown-of-nobles-noble-gas-tube-display/

Lets hope NICO is up and running before the commercialization of this application.
Comment by Baserunner on Sep 14, 2024 2:52am
AGAIN, another reason this project must get the go ahead ! If sound proof of what the resources are there should be nothing in the way in this development. FT is checking all the boxes to be developed. It is mind boggling for us long term holders seeing this stock @ 0.05.5$; very low market cap, with already over 125mil$ in development cost into it! Wow! Just gotta shake your head!
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