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Fortune Minerals Limited T.FT

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

Fortune Minerals Ltd is engaged in the exploration and development of coal, specialty metals, base metals and precious metals, in the Northwest Territories and British Columbia.
Price: $0.045 | Change: $0.00 | %Change: 0.00%
Volume: 171,000 | Day High/Low: 0.05/0.04 | 52 Week High/Low: 0.42/0.04
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0 stars

investment money at this site Robin....Saudi money

http://www.kingdom.com.sa/  rate and reply
5 stars

RE:Buy out

If  a major miner waits ,private equity will  have total control over the assets and   "they ",...are set up to  HOLD,...if necessary ,which means  that if a major is interested in our  projects...read more
0 stars

Cobalt Prices Surge

Over a buck from late last week.  rate and reply
5 stars

shareholder value

I like it when they put in their statements how they are going to build shareholder value,well somebody should give them a kick in the butt,as going from 40 cents to 5 cents in the last year is not...read more
0 stars

RE:silver

I have asked Troy that question a few times, each time he says they are working towards 400 tons per day but wont commit to a number for ounces produced to date. Maybe they don't know??  rate and reply
0 stars

silver

does anybody know how many ounces of silver has fortune produced from the mine since they have taken it over.  rate and reply
0 stars

Buy out

If one of the big boys step up this could go for .30 all day 500% I think it may be worth the risk.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:Fortune future

I think you are right Jim it is a working silver mine with lots in the ground. It's not to far off MBC and they have buyers.  rate and reply
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RE:RE:RE:RE:RE:RE:RE:RE:Fortune future

strange, just last week I was contmplating seriously to invest in FT, but I stayed away at the last minute after reading their financials and levels of debt (60M$). I think I did the right thing...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:Fortune future

Duh. Joint Venture my friend.  Paying off the debt.  Stay tuned.  Jim  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:Fortune future

I cant imagine any company taking over this debt for any less then the current 15% interest. These guys are too risky.  rate and reply
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RE:RE:RE:RE:RE:Fortune future

Yes if the debt remains. That's not the plan. A successul JVP removes the fork. Any potential deal is not done so we can't say anything yet.  rate and reply
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RE:RE:RE:RE:RE:Fortune future

In the back room good scotch and a fine cigar.  rate and reply
0 stars

RE:RE:RE:RE:Fortune future

He did. He knew it would not be as easy as FT thought. He was smarter than Ft. Remember a mine is a hole in the ground with a liar standing at the top. Put a fork in these guys. 60M in debt on these...read more
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RE:RE:RE:Fortune future

The irony of this debacle is that now Rory looks like the smart guy!  rate and reply
5 stars

RE:is this the end??

The assets are worth  many multiples of the market cap. The reason we ,...apparently have  no interest in buying them ,is likely  that we have an Executive team that has never proposed such a...read more
0 stars

is this the end??

at this price there is not even any interest in a takeover. so it begs the question, what are the companies assets really worth?  rate and reply
0 stars

RE:RE:Fortune future

Jim....do you think it was all joke? Hard to invest in BC mining when its a pumper game????  rate and reply
0 stars

RE:Fortune future

Big dump at the close. The bid is now 4.5. Cant go much further. Maybe to 2-3  rate and reply
0 stars

Fortune future

IMO it is just a matter of time before Fortune in history.  rate and reply