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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 Yellowknifer69on Jul 07, 2018 10:33pm
420 Views
Post# 28284533

RE:FT WEBSITE UPDATE

RE:FT WEBSITE UPDATEThanks for posting Rospar

Yes, the new investors presentation 'looks' promising on paper.  Execution is, however, a completely different story.  Summer will be slow now given government shutdown in the NWT, etc.

Will be interesting to see if updated FS is released prior to end of August.  If it does come out it makes for a short timeline to finalize financing unless the preferred partners are already close to signing contracts.  For sure lots of options (30 potentials) - all of them with pros and cons.

However, in my opinion nothing earth shattering is coming any time soon, so it is a good time to enjoy the cottage, pool, or what have you! 

Still Staying long on Fortune - just not investing any more money.

Yellowknifer
Bullboard Posts