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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 Oct 17, 2021 5:53pm
186 Views
Post# 34016055

RE:RE:RE:RE:RE:RE:RE:Cobalt is up

RE:RE:RE:RE:RE:RE:RE:Cobalt is up

If RG puts together the site down south, the processing partners(s) and a mining partner then we are golden and I cannot guess on that $$ and given everything going on in the world of electrification I doubt anyone can peg that question and back up  that projection.... we are letf to our imagination. 

If all that comes together ( and I don't think impossible) what I am pretty comfortable with is that we will likely far exceed what FCC did at 44 and we will be in a much better position than JRV because we will have it all in terms of mining to product and we are primary Canadian cobalt. Add in the ultimate potential of recycling which is not that difficult given the technical nature of our processing and we likely will have the space and the technology is out there to process that black matter in used batteries. 

is it .5? 1, 2 or 3.00 ? Who the h-ll knows? One thing I think, with the flip of a switch, a total package is not unrealistic or impossible given what end users are faced with and a package like that would make sense will draw a lot of attention in the mining processing world.

look around watch carefully cause if all were to go well, where ever we set up it would not surprise me that a western Canadian battery plant goes up next door to us. 

total cr-p shoot? We wait and see. 

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