Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > UNFORTUNATELY!!!
View:
Post by Baserunner on Oct 03, 2024 9:34am

UNFORTUNATELY!!!

I see with the way the share price has been acting, a huge consolation is l believed in the works!
There is nothing really out there saying or telling us anything different? RG and the pointed heads have been struggling for years to put this thing together with a share price much higher! You look at our market cap now and shake your head at how low it is compared to other companies 20 yrs behind what we have! Something has to give?
Comment by red on Oct 03, 2024 10:29am
Markets need to give, and apparently by some accounts it may be soon - those with legit projects should benifit - will we be one to survive ? Based on our unique NA deposit of CMs and Gold and advanced planning along with recent CA and USA gov support and other indicative suport ..  is a positive.... we don't have a lot to work with from our company execs ...we wait 
Comment by vega509 on Oct 03, 2024 12:05pm
.......... or is it the market cap is accurate and we have all been led on for decades? consider that if FT had 1/10th of its claimed reserves the share price would be such a bargain Rio Tinto or other mining companies would be lining up to buy the company.
Comment by Freedom2022 on Oct 03, 2024 12:32pm
Well thats just silly, of course they have the reserves , problem for FT has always been Expence and timming , NWT expencive and gold deposit too small just for a gold mine, EV push making us relevant at all ! Rio may have doubts about the potential expansion of Nico, but imo  its more like the Bismuth put us over the top according to the USA DOD, second cobalt and Gold a bonus, 2027 was the ...more  
Comment by vega509 on Oct 03, 2024 1:18pm
we hope, but this has been ongoing since 1988, Goad and company have not missed a single overly generous paycheck, narratives and excuses abound. you'ld think that in 37+ years something, anything, would have been developed and producing income. Nico has had how many promises since 2010, maybe even earlier
Comment by Notmyfirstrodeo on Oct 03, 2024 12:41pm
With the difficulty of getting a mine permitted in Canada it could very well be that no other company wants to touch this until the permits are in place and construction can begin. There was an oil company trying to get an oil sands project going in Alberta that spent a billion dollars on environmental assessments and other nonsense try to get a permit to build. They finally gave up because they ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities