Home > Boards > US OTC > Mining/Resources > Fortune Minerals Limited (FTMDF)

Just read this article and did the math.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Wolfman10 Member Profile
 
Followed By 2
Posts 44
Boards Moderated 0
Alias Born 01/19/18
160x600 placeholder
Wolfman10   Wednesday, 03/07/18 10:44:34 PM
Re: None
Post # of 63 
Just read this article and did the math. Fortune owns NICO which has about 5 billion unproven reserves half or more in cobalt used in lithium ion batteries but their market cap in about 60 million? Lol. Even if the can’t start up mining which doesn’t seem like a problem they can sell it to the big boys and make a mint. 20 cents seems too low. Even with the uncertainty it should be a buck and when the mine starts up 2-5 bucks a shares would be fair value depending on how high cobalt gets.

3 Well-Valued Cobalt Miners To Buy Right Nowhttp://www.seekingalpha.com/article/4138649

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences