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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Limited.
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Post by Bdiddyon Oct 16, 2005 9:41am
172 Views
Post# 9716595

Cobalt in Hybrids

Cobalt in HybridsIf anyone is interested in learning more about cobalt and hybrid vehicles, the following link https://fco.0catch.com/SFP_Paper_June05.pdf has some interesting information. I copied the link from another forum. An interesting fact according to Fortune's website is that NICO will have a 10 year life span at $7 US/lb, but a 20 year life span at $10 US/lb. Cobalt is trading around $14-15 US/lb, if I read the following site correctly. NICO looks to be highly leveraged to the price of cobalt. https://cobalt.bhpbilliton.com/ bdiddy
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