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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: $0.025 | Change: $-0.005 | %Change: -16.67%
Volume: 1.2m | Day High/Low: 0.035/0.025 | 52 Week High/Low: 0.42/0.03
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0 stars

RE:is it time to buy?

this stock can go lower imo, I can imagine a rollback, 1 share for twenty, or they better finds a partner with deep pockets  rate and reply
0 stars

is it time to buy?

Jim your insight has been invalueable..is time to buy????  rate and reply
4.5 stars

RE:RE:ft

As well, 2 cents a share and ZERO insider buying says it all!!!!!!!!!!  rate and reply
5 stars

RE:ft

Moving forward, where are they going to get the money to keep the lights on? At 2 cents a share there isn't much chance for raising money through share issuance. Since they have proven beyond a shadow...read more
0 stars

Probably one good gamble at this level and....

They are having the debt settle.glta  rate and reply
0 stars

ft

ya get what ya got!  This is a bucking bronco a needle in a haystack. Great gains require great risk. Odds of success are tough. It is very sad that Revenue didn't work out. It is sad that the natives...read more
0 stars

RE:RE:We need an explanation from FT

What were they thinking? They were not thinking. FT got sold an over blown deal by Williams who got sold an over blown deal by Trujillo. This is not the first time this has been done at the Revenue...read more
0 stars

RE:RE:We need an explanation from FT

It is possible that they had some experienced people that could see past a PEA. PEA's are optimistic at the best of times, but Fortune is capable of looking through these things. It is likely that...read more
0 stars

RE:We need an explanation from FT

More assumptions extracted fro the PEA: 1. Cash cost: 11.57 $/oz   Wonder what thei real cost ended up being 2. The basis of PEA assumed a 100% equity.... PEA  was done in April 2014, before payment...read more
3 stars

fos would have been a good jv for ft-rsm, is it too late?

Phoscan Chemical Corp. (TSX: T.FOS, Stock Forum) (29 cents) Read more at http://www.stockhouse.com/opinion/ticker-trax/insights/2015/07/03/29-cent-phoscan-and-its-$54-million-war-chest-cash...read more
0 stars

ft & whd

lost a bundle with both, good websites, good blurbs, good riddance. I play the game poorly and  believe the messager...another soft touch Money now under the mattress.  rate and reply
5 stars

We need an explanation from FT

Reviewing the PEA for the RSM done by SRK in April 2014, I find some assumptions and results that should have raised red flags for FT management to consider. First of all, metal prices were way...read more
0 stars

bad deal all around

These people are not smart enough to run a corner candy store.They give away most of the candy then eat the rest.I will wait another month then sell all my shares.Time to go a bunch of losers  rate and reply
0 stars

RE:RE:Great deal for Lascaux

Yes, Lascaux got RSM served on a silver platter, no pun intended... What baffles my mind is how come silver miners could not bail FT for a fraction of what it would cost acquiring the mineral resource...read more
0 stars

RE:Great deal for Lascaux

Private equity very seldom lose on any deal.  FT was kind enough to build them a mine, get it all fixed up for them to the point on only needing a small investment to get it operating at full...read more
0 stars

Great deal for Lascaux

Lascaux got a sweet deal, no doubt. For $51 million they got a brand new mine operation, ready for production when the time is right and participation in NICO.. Definitely, we are in the wrong...read more
5 stars

RE:RE:RE:Now what.....

Well that was a pretty good run with the RSM. These guys should give themselves some sort of a bonus. Is there some cash left over from the Klappan deal or do we need to raise some cash for their...read more
5 stars

RE:RE:Now what.....

Such incompetence, these guys are liars and thieves, nothing more. The theft is with respect to the wages FT management has sucked out of the company these past few years. Why would anyone enter into...read more
0 stars

RE:RE:Now what.....

I understand it's easy to be negative as fellow bag holders of this mess, however let's not just throw out statements that lack credibility like: everything is going to pot and NICO won't get financed...read more
0 stars

RE:Now what.....

Prefs are convertible/cumulative @$0.25 conversion, so they are minimally dilutive at this point and in the case that the stock rallies over the next few years they will be exchanged and would no...read more