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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

Post by southcountry2on Nov 19, 2021 2:01am
586 Views
Post# 34144224

Price and volume stock increases ?

Price and volume stock increases ?I have to wonder what reason(s) might be behind the recent price and volume increases in the Fortune stock price?  Of course, the rising spot price of cobalt is a likely contributor.  But could it also be connected to something "favorably observed" in the recent drill cores?  Let's face it, the ultimate insiders for resource stocks are the guys boxing up the fresh new drill cores.

As some have suggested, if the core "looks" similar to the mother deposit, then an extension of the primary deposit would be quite a positive development.
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