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Gold/Mining/Energy : Fortune Minerals Limited (TSE - FT) -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (506)11/16/2000 8:14:00 PM
From: Richnorth  Read Replies (1) | Respond to of 612
 
Oh my God, it would appear you are still reading without your glasses! Maybe the lenses need to be changed. Or perhaps the circulation in the upper storey has to be improved to enable an open (as opposed to narrow or restricted) interpretation of everything you perceive.

In regard to bismuth, what I meant was, if you think the value of FT is now zilch, then bismuth's contribution would make the value of FT non-zero. <ggg> I did not imply FT's deliverance/salvation lies in bismuth. To be sure, the value of the bismuth would be accretive to the value of
FT.

The clock is ticking......... I am still waiting for your irrefutable proof that FT is not worth a dime.



To: Elizabeth Andrews who wrote (506)11/16/2000 8:49:40 PM
From: Farm Boy  Read Replies (2) | Respond to of 612
 
Richnorth.
Why are you singing the praises of Bismuth. Neither you nor Strathcona can extract it without reducing the overall recoveries of cobalt and gold. The Strathcona analysis excludes production of bismuth. The source of this piece of information comes from Fortune Minerals news release dated June 6,2000. Put your bifocals on and look under the heading ECONOMIC ANALYSIS: There is no doubt that there is a deposit at Nico. I would stop pumping bismuth because you ain't gonna get it out. Do your homework and stop feeding the general public all this B.S. Good luck on your deposit.
By the way, would someone in the higherarchy be so kind as to submit the estimated costs involved in getting to production.
Here are some things that puzzle me.

1.What would be the cost of a permanent road?

2.What is the cost of installation of hydro?

3.Who will pay for the installation of hydro?

4.How many millions will it cost for hydro per year?

5.How much money will it cost to build the mine?
All of the above is missing from the June 6 release.

When you can answer all these questions of money you might find that that you will likely have a large financial reversal.
Get the picture.

Still in the barn.

Regards.

Farm Boy