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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 parahyangamon May 16, 2022 8:40am
159 Views
Post# 34685782

Take out 2.0

Take out 2.0Why did the BC government (via BC rail) provide a ten year interest free loan of $18 million with no obligation on Fortune to repay it?

The raw in ground asset value of Arctos at a minimum is worth 20 or 30 BILLION and likely much more of which Fortune owns half.

For 2 decades, entities such Jacob Engineering, POSCO, etc, raised no counterpoint to the ongoing corporate claim that NICO is in the geological class of Australia's monster IOCG mine.

Yet no comprehensive drilling has YET been disclosed confirming this exorbidant corporate claim.



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