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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 > Too Many Dreamers
View:
Post by Lotten on Sep 16, 2024 8:11am

Too Many Dreamers

Too many dreamers on this board. Even if Mr. Goad has been on the site, it probably won't help the share price. The only way to make money in this company for the next few years is to buy low, and sell when it peaks. The next stop will be four, or four and a half cents. By the way, I'm a dreamer too. Good luck to everyone.

Comment by hounddog69 on Sep 16, 2024 10:49am
I do wonder what will permanently move the needle on this stock. We get SP spikes and the price retreats every single time. The total lack of news doesn't help - you would think the feasibility study kicking off would be a release? 
Comment by red on Sep 17, 2024 12:11pm
IMO, Two dynamics would do it  Rio  Tinto  - more advanced discussion/ involvement and AB gov participation  we wait ... 
Comment by vega509 on Sep 18, 2024 2:46pm
if Rio Tinto thought there was any real value to FT they would have taken the company long ago. they have a long history of hostile takeovers
Comment by red on Sep 18, 2024 3:46pm
Could be true but at same time testing their materials for possible joint processing could lead to big things and if nothing else a form of takeoff agreement .  Dont forget RT Diavik diamond closing in 2026 ... decommissioning is already in process and we can probably figure a way to use some of what they have and they want some one to use vs site disposal or haul away further to south ...more  
Comment by vega509 on Sep 18, 2024 2:47pm
timely and concrete action in place of the never ending narratives and broken promises
Comment by geolith on Sep 18, 2024 3:04pm
I doubt that any promises were made.  Understand that the microprint  boiler plate in every presentation says NO PROMISES.
Comment by Jim1712 on Sep 18, 2024 10:45pm
Just to keep everyone rethink   thanks Geo ! Jim 
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