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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 Apr 12, 2021 8:57am
109 Views
Post# 32976234

RE:RE:RE:RE:RE:RE:RE:RE:RE:World No 2

RE:RE:RE:RE:RE:RE:RE:RE:RE:World No 2Given that great volume over the last month or so I think we should prepare that a number of game players will come out of the woodwork in anticipation of news. Depending on that news it may shake our new foundation. End game remains the same this resource will not stay in the ground, in the big picture cobalt will continue and increase in demand, geopolitics around cobalt will get worse and will only add to the anticipation.

we have a 5 billion resource, if this was gold ( and about 2 billion of it is)  it would be a mine as soon as that road was in place....unfortunately cobalt, in the public market,  is not yet looked at like gold but that will be changing.

Given we know the company is focused on a couple of processing sites, there is also a plan for the residual waste disposal, ( which seemed like cart before the horse but is really telling us something) our processing facility news is eminent and will complete a picture of production, The  possible options after that will be significant. Who will jump in on the opportunity and at what level will be interesting. 
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