Fortune Minerals Ltd T.FT

"pop"?

[Freedom2022]

Trudeau and NWT premier having talks , infrastructure , housing ,CM minning etc , most companies with relevant CM deposit and Gov funding in NWT would pop on news like this and Worsley next couple days regardless of a pull back after ,, But Not little ole FT, it goes down lmao  cheers!

[Baserunner]

Something seriously not being talked about??? The share price should be much much higher?

[Jim1712]

Rio !   Jim 

[Lotten]

Should it? The market reacted to yesterday's news with a shrug. Not so surprising. You have to be patient until things have materialized. Only then can we see lasting effects on the share price. It will still take time.

[Freedom2022]

i disagree, im in other companies that "pop" on any significant news,, they may pull back again or make new bottom levels, even a 3-4 cent pop and pull back would be more promising than going Down only,, esp a Co with FTs value and importance in N Amearica,,, cheers!

[Freedom2022]

America , sorry its early. 

[Baserunner]

I believe once the consolidation of the shares are done and concrete plans are in place you then will see a "pop"! This thing still has a terrible pass management history along with share depreciation! Why else @4.5 cent no pop?

[Lotten]

Not quite understanding what you're trying to say, but the stock price reflects Fortune's story whether it "pops" or not. Cheers

[Baserunner]

Your RIGHT! I'm saying good story! But l Joe Public need more concrete information before l commit! That's why l believe no POP!

[Jim1712]

This is a takeover play. Period.   We wait.  And wait.  Jim 

[Baserunner]

I agree! BEEN WRITING THAT FOR YEARS! I believe this to be a take out once all the leg work is done! Maybe if we are lucky 0.25-0.50$!!!

[Lotten]

I wouldn't call yesterday's news significant. It was fully expected, and should strictly speaking have come sooner.   As for popping up on news, what did FT do at the end of May?