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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Limited.
Bullboard Posts
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(13)
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Comment by Lech1988on Sep 25, 2019 6:22am
181 Views
Post# 30161835

RE:RE:Waiting

RE:RE:Waiting
Gold prices are at extremely elevated levels and Cobalt prices are largely in line with historical averages.  If the mine doesn’t look attractive at these prices then it’s not viable.  This mine might get built "eventually" but by then you will be diluted to oblivion.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities