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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 ForcedHysteriaon Jan 16, 2019 3:58pm
127 Views
Post# 29241832

RE:RE:RE:RE:Why there will be a Nico Mine.

RE:RE:RE:RE:Why there will be a Nico Mine. For the weather question, I am in one of the more northern areas of the province(s) and in the last month we probably have gotten 15 ft of snow collectively. We have had dump trucks come in on several occassions to pull the snow away.

There have been unseasonal melts and then flash freezes (dropping more then 10 degrees in 1 hr) which have made it incredible hard for any sort of environmental stuff to get done (And I got one backside of a bruise from falling probably once or twice a week on ice)

Now the NICO mine is still a considerable distance away but I am betting it had its own logisitical issues with the messed weather we have had so far this winter.

Is it an excuse? No, course not. Should of been done a while ago but if thry said there is a delay due to weather this year - I would believe it.

Bullboard Posts