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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 Apr 19, 2020 9:24am
105 Views
Post# 30926699

The Fortune M. BOD

The Fortune M. BOD7 member board has two from PROCON: The current and former CEO. Deep bench and robust talent. PROCON's five member board includes 3 from CMAC, an affiliated company of SINOMACH. Why are posters on this blog slagging the BOD? Did they fail in their duties and oversight? Should they have removed Goad after the disaster in Colorado? Why did they not? More relevent is the question whether POSCO with big sunk costs permitted Arctos (and NICO) to be collateral for the Lascaux loan. Did PROCON perform on site due diligence at the Revenue silver mine? If not, why not? If they did, how did they miss the additional 40 million USD now required to open the mine even after the significant inputs by FT? SKR did both the FS for FT (2014) and Aurcana (Aug 2018). How did the 40 million requirement get missed the first time around in 2014?
Bullboard Posts