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


To: Farm Boy who wrote (549)3/2/2001 4:29:22 PM
From: coass  Respond to of 612
 
Dear Mr. Whine Boy;

I hope you don't mind the use of the seemingly more appropriate anachronism handle. Yes to your comment on the Fortune press release, and as usual, you still manage to distort the truth. I commend you on your consistency.

From my discussions with Fortune, cobalt and gold continue to be the dominant metals of interest in the deposit, although bismuth could surpass gold if prices continue to rise, which appears to be the case. That could add significant revenues to those predicted in the last Strathcona study.

In addition to other erroneous comments, Elizabeth Andrews understated the size of the bismuth market by about 30% at old prices, and 50% at current prices, assuming she was using US$ numbers. They are obviously more significant in Canadian dollars. But I believe the point that is mentioned in the Fortune release, is that new uses are currently affecting and expanding the bismuth market, particularly hot dip galvanizing and other lead replacement alloys.

I think the improvements to the deposit and potential for processing in an existing plant are also favourable developments and demonstrate Fortune's management is reacting to a tougher cobalt price and changing economic conditions.

For someone who claims, from earlier posts, to be able to assess the level activity flying over Ontex properties, and pays more tax than Tim Cruise can possibly earn, you sure are a cry baby when you lose money in a stock. I assume it was you that decided to invest in Fortune and your brother didn't have discretion over your acccount? Grow up Farm Boy! or stick to your Ontex thread where at least, for some reason, you have something positive to say!

To Tim, Dave, Jon, Rich and others who have had intelligent things to say over the years on this thread, I am one shareholder who wishes to say thank you and that I look forward to comments from you in the future.