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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 Yellowknifer69on Apr 07, 2021 9:25am
118 Views
Post# 32948185

RE:Good read on shortages to come

RE:Good read on shortages to come Hello and good morning FT longs

Thanks for sharing this Red - appreciate your diligence as per usual.  

I think that it would be difficult for FT to meet a demand shortage anytime prior to 2024.  Why you may ask?

We are 4 months into 2021 and we still don't have an identified partner and a plan to develop the proposed mine.  I would think any proposal would need to come out fairly soon in order to get an operational mine before 2024 starts.  that is only 2 years plus - so it might be a challenge we can't meet.

Anyways, staying optimistic.  who knows what tomorrow brings, eh?

Thanks again for your posts Red - appreciated.

Yellowknifer
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