Fortem Resources Inc fka FTMR

[RandyKCMO]

I've been an investor and a shareholder in FTMR for quite a while. Am I an apologist for the company, not really, but I have only shared and posted what I believe to be true. Here's my message to you back in 2017:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134145327&txt2find=currency

"Hey Citrati... welcome to the board.

"I know some of the folks involved with FTMR and while HENC was also a huge loser for me, I don't think it was a "scam" as there really was never the opportunity for management or insiders to make big money. In retrospect, sure they should have made better calls... but it would have been a whole other deal if we had actually hit oil on either of the two holes.

"Regarding the FTMR... I think huge value and potential have been acquired in the acquisitions and purchase agreements. The outstanding shares have increased... but they've been spent (as a currency) on real assets with significant upside.

"Is there a risk? Sure... but your entry level at $2.50 is not much more than those that have had their assets brought into FTMR. What reason would these individuals (and Marc Bruner was one of those whose assets were brought into FTMR) have for consolidating their properties in a pubic company like Fortem? I think the logical explanation is twofold: 1. to access public capital and 2. to multiply their value by developing them into profitable, producing properties.

"And so to an extent, I believe FTMR is a natural resource "roll-up" that will spin-off subsidiaries and perhaps one day be bought out by big oil. How else will those that own significant positions in the company find liquidity? Are their hoops to get through? Some challenges and hindrances? Sure.

"Put it on your watch list for a while... as they reach milestones and execute their business plan you'll know. When you hear about multiple million-dollar financings, it will still be a good time to buy... but you will have left some pretty big money on the table. The risk-reward ratio is crazy at these levels... it'll still be good at that later point... but not as good as now.

"My thoughts.

"FWIW, I've tried to estimate FTMR's book value based on acquisitions in the IBox. It's not a true book value as we don't really know the value of the properties acquired.

"A number of the unknowns will be disclosed at some point."