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Fortune Minerals Limited T.FT

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals

Fortune Minerals Ltd is a natural resource company engaged in several mineral deposits and exploration projects in Canada.
Price: $0.09 | Change: +$0.005 | %Change: +5.88%
Volume: 237,500 | Day High/Low: 0.09/0.085 | 52 Week High/Low: 0.42/0.08
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0 stars

RE:RE:RE:RE:question for the guru

I concur. Without him taking the shares there would have been no deal. Fortune needed to conserve cash for all of the unforeseen events that played out. In Fortune's mind they are confident that once...read more
5 stars

RE:RE:RE:question for the guru

Rory was given 22M or so unencumbered shares that are not subject to insider trading (the Williams have 28M that are subject to insider status). He's been dumping out of that 22M position - how much...read more
0 stars

RE:RE:question for the guru

Thanks the_guru for your explanation. I concur with you on your assessment of Rory. A spoiled fresh from college kid who made a mess out of the operation. However, with him being part of the owners ...read more
0 stars

RE:RE:Glencore smelter

thanks for that Peter. I wonder if there is a rail line close by the mine for shipment. It probably wasnt cheap to truck the concentrate to trail. I guess we just have to hang in there. It might take...read more
5 stars

RE:question for the guru

Well first off, I did not say I was confident about anything.  I simply reported what I was told by the company at PDAC.  The stock is weak because of the way the purchase of the silver mine happened....read more
0 stars

RE:Glencore smelter

Glencore lead smelter used bt FT is either in Quebec or Brunswick. Historically USA used Glencores copper smelter in Quebec for galena mine copper silver concentrates and downsides are numerous. First...read more
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Glencore smelter

It was mentioned that the silver concentrate would be shipped to Glencore for smelting. Is that in Ontario?  Rail freight is relatively inexpensive.  rate and reply
0 stars

kitco at pdac

Guest(s): David Morgan Kitco News continues its PDAC 2015 coverage with David Morgan to talk about how he sees silver set up this year. "I think we're going to be able to get to the $26 level this...read more
0 stars

pdac silver bull prediction

http://www.kitco.com/news/video/show/PDAC-2015/924/2015-03-03/Silver-Is-Headed-To-This-In-2015---David-Morgan  rate and reply
0 stars

question for the guru

FORTUNE expected to have full production by the end of the year;  subsequently they promised to have the problem fixed by March 1.   Going by the record why are you confident that this is the month...read more
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RE:PDAC Update

Thanks a bunch for the update. Fortune sits in the penalty box with all Juniors at the present time. Very little time left in this penalty, and they will be returning to the ice and the game at hand...read more
0 stars

those doomsayers

are the kinda full of excretion, what is whith those losers. Even Pan American silver whichis on kitco today has a minings cost of  16.50 which they seem to be very proud of. My message to the stupid...read more
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RE:PDAC Update

Thanks for the update Guru, very much appreciated. Kinda makes me wonder what someone like buggerspray's agenda is.  rate and reply
5 stars

PDAC Update

OK guys, I spent a fair bit of time talking to Troy at PDAC, and just a brief comment with Mike Rommaniuk, the operations guy for Fortune.  I was not able to talk with Robin, I did see him but he was...read more
0 stars

anyone talk to Robin at PDAC?

It would be interesting to find out where they are going to get their ore processed if they can no longer get it done at Trail.  rate and reply
2 stars

RE:RE:RE:RE:Low grade cons from Revenue

43-101 for Revenue mine states lead zinc con is processed by Teck at Trail BC smelter which is same smelter used by Galena mine...and same smelter cutting off mines supplying dirtier lead con since...read more
1 star

RE:RE:RE:Low grade cons from Revenue

This alleged rumor from the locals regarding the low grade silver in the con is BS. I know this mine. 18 oz/ton is the HEAD grade coming from the mine!! Con grade must be MUCH higher.  rate and reply
4 stars

RE:RE:Low grade cons from Revenue

If the locals are correct Auseeker and at this point in game FT don't have a smelter relationship then IMO FT common stock is toast and Lascaux will be owning the mine soon. Smelting lead con like...read more
3 stars

RE:Low grade cons from Revenue

Generally silver concentrates are 3000+ opt silver so if in fact FT's silver concentrate is a mere 18 opt this would suggest a major issue with ore grade and dilution at stope. More troubling is that...read more
2 stars

RE:No UBS dump = low volume

Guru! as a long term investor, and user of the ignore button!  i appreciate you shareing info from the PDAC ,,,  thanks!  rate and reply