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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 Jim1712on Dec 09, 2022 12:53pm
195 Views
Post# 35162048

About right.

About right.

In the federal government’s long-awaited critical minerals strategy unveiled on Friday, Ottawa acknowledged that getting a Canadian critical mineral mine into production can take up to 25 years. That is far slower than other international mining jurisdictions that Canada is competing against, such as Australia, which can move projects along in a fraction of that time.

Regardless of Management.  Let's say it's a miracle to bring a mine into production.   Only the tenacious survive.  


Jim. 

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