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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 Phil001on Dec 10, 2020 10:18am
90 Views
Post# 32076159

RE:RE:RE:RE:The Congo is in big trouble.

RE:RE:RE:RE:The Congo is in big trouble. What kind of Cobalt reserves do we anticipate having? Canada being ranked as one of the top producing countries after drc. When we get up and going, do we have enough to "substitute" the demand drc are currently doing? How long could our mine be in operation once shovels hits the ground? 5 years? 10? What does the price of Cobalt need to be at to be profitable? Right now its at 32k per tonne? Sorry, I'm a newbie at this and may be asking dumb questions...
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