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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

Comment by uudamannon Jul 28, 2020 11:41am
82 Views
Post# 31330938

RE:To my point ...get creative

RE:To my point ...get creative CNC is pure speculation. Company formed 6 month ago to drill Timmins moose pasture and at least 1 - 1.5 years away from a feasability study. They already admit to very low grades = WARNING SIGNAL. CEO is a mouth breather. The MM maker is running a non-existant Elon Musk speculation/connection and filing his pockets. Contrast that with price rigidity at FT where they are market ready with perhaps the second coming of Olympic Dam 2.0. 

It is obvious FT and their major shareholders are in a holding pattern and controlled by an outside agenda. Given SINOMACH(Procon) and POSCO are at the table and playing possum, I would bet on a lot more gold and probably copper with decent grades.

At 8 cents, or 15 cents, there should be no legitimate sellers of the shares now.
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