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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.


TSX:FT - Post by User

Bullboard Posts
Comment by hotinfoon Feb 06, 2010 11:33am
344 Views
Post# 16758979

RE: Project val;uation

RE: Project val;uationI did the same for Baffinland Iron Mines and with similar discounts the conservative share price came in at just over $14.00 per share for a company trading at the moment at .50.

I did many more companies and have now come to the conclusion that most if not all mineral exploration companies with known deposits are shockingly undervalued.


I liked the Baffinland Iron Mines ... with all your DD can you list the many more companies either here or directly to my email.  I'm always interested in penny stock DD !!!
Thanks
Bullboard Posts