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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 Apr 16, 2020 9:22am
74 Views
Post# 30915604

RE:RE:RE:RE:Goldman says buy Tesla and stocks with electric-car exposure

RE:RE:RE:RE:Goldman says buy Tesla and stocks with electric-car exposureHello and good morning:

Sherrit already processes nickel and cobalt at their refinery in Fort Sask.  It is a head scratcher for sure as to why FT would want to strike out on their own in this regard, especially when FCC is partnered w/ Glencore to build an additional refinery?

I don't believe that economics of building your own refinery are supportable, but as others have said what do we know?  

Incidently, not sure there is any gameplan in London these days but nothing for investors to do but buy shares or invest in other sectors.  No communication seems to be the only constant with this company.

7 years and counting!

Yellowknifer


Bullboard Posts