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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 redon Dec 09, 2020 3:37pm
103 Views
Post# 32069874

RE:RE:Cobalt in medical industry

RE:RE:Cobalt in medical industry

Do you actually think that the rebel groups in the DRC who are black market fed with drugs and other illicit substances ( including that nice name of artisanal cobalt mining ) and activities could give a S--t about the counties revenues from cobalt and other mining ?? I am sure the governments of Lybia and Syria thought the same before thier face was cut off. The DRC has the same potential..... it's a huge problem and is the way that they get attention from the world by upsetting it. 

Cobalt may not be moving today but we don't know what tommorow brings in this volatile and very fluid situation, it's a bit worse that running out of toilet paper in NA and we know what that did overnight as the shelves emptied. 

Ft has been investing in this project as permits and being shovel ready does not come cheap. Not to mention recent geo surveys to potentially expand the resource and untold quantities could exist and enhance an already substantial deposit. 


 

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