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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
Post by uudamannon Jan 23, 2020 10:05am
112 Views
Post# 30588303

anniversary

anniversaryWe are approaching the 5th anniversary of FT's default on the Lascaux loan. Aurcana, the current proud owner of the 140 yr. old Revenue-Virginius silver mine, is nowhere closer to opening a productive mine than when FT bought it in 2014. Note that the current mine manager and consulting company that provided the endless stream of FS (including those for FT) are all the same, whether FT, Lascaux or Aurcana owned the mine.That is serial incompetence in the face of considerable multi-dimensional mining know how that simply defies logic. You would think some of these actors would have been replaced.
Bullboard Posts