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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Comment by redon Jan 19, 2021 8:06pm
157 Views
Post# 32330367

RE:RE:Same old song & dance over & over again

RE:RE:Same old song & dance over & over againAll true MB and hopefully soon they all blend together and I agree that it will and I believe the kicker could be that these predictions of shortages along long with ramped up manufacturing will increase the price of cobalt enough for those 42 plus NDA holders sitting in the sidelines to act.

The geopolitical situation was not mentioned in your list but all indications are that could be a big factor yet,

and anyone who is new to this board but has been accumulating for six years and as such has over a million shares must agree with something, assuming anything of what was said is true, which like Jim,  I doubt. 
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