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Bullboard - Stock Discussion Forum
Fortune Minerals Ltd
T.FT
Alternate Symbol(s):
FTMDF
Metals & Mining
Industrial Metals & Minerals
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper...
-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.
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Bullboard (TSX:FT)
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(853)
•••
ztransforms173
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Post by
ztransforms173
on Jul 01, 2024 10:49am
NEGATIVE US REACTION To Property OPTION EXPIRY
FTMDF Fortune Minerals Limited Ordinary Shares 0.055 -0.00857 -13.49% 0.055 / 0.0698 (22090 x 12100) Real-Time Best
...more
(853)
•••
ztransforms173
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Post by
ztransforms173
on Jul 01, 2024 10:41am
A Distant 'THOUGHT': Is JFSL GUNNING For An EQUITY STAKE ?
- are these people SMART and SOPHISTICATED ENOUGH to TRADE the JFSL property for COMMON SHARES in Fortune Minerals? - IF I were in their POSITION, I WOULD but they are NOT ME ! z173
Bitcoin-Backed LQWD Technologies Lightning Network Infrastructure Surpasses One Million Global Transactions
posted Nov 21, 2024 9:00am by
LQWD Technologies Corp.
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|
Since deploying LQWD's Bitcoin Lightning Network strategy in November 2021, the Company's transaction infrastructure continues to experience strong growth with exponential growth in 2024. From January 1, 2024, to October 31, 2024 LQWD facilitated approximately 643,000 transactions, compared to approximately 112,900 transactions for the same period in 2023. ...read more
(853)
•••
ztransforms173
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Post by
ztransforms173
on Jul 01, 2024 10:24am
MyTake: JFSL WANTS MORE MONEY & CONSTRUCTION CONTRACT
- as I 'SUSPECTED', FT has NOT RECEIVED TSX APPROVAL for SECOND CONVERTIBLE DEBENTURE (?) - therefore, it CAN'T EXECUTE LIND PARTNERS LOAN AGREEMENT and GET HOLD of the CASH to CLOSE JFSL
...more
(14)
•••
Nemesis
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Post by
Nemesis
on Jul 01, 2024 10:17am
FT's reason for letting the option expire ...
In my opinion, this is good news. The conditions that were attached to the amended agreement gave far too many advantages to JFSL and were far too restrictive for Fortune Minerals and its partners
...more
(55)
•••
Yellowknifer69
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Comment by
Yellowknifer69
on Jul 01, 2024 9:53am
RE:Business As Usual
Hello and Happy Canada Day / Fourth of July to all Bottom line is FT still needs a sizeable investment and commitment from an equity partner. This news is not really a surprise but
...more
(98)
•••
Lotten
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Post by
Lotten
on Jul 01, 2024 9:48am
Business As Usual
Then shareholders are thrown into ignorance once again. It is no longer than a little over a month since Fortune reported that they had entered into an amended option agreement with JFSL to
...more
(150)
•••
Jim1712
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Comment by
Jim1712
on Jul 01, 2024 9:15am
RE:Option to buy refinery expires.
Maybe the vendor takes back the mortgage on the property and closes the deal so they can both get on with the planned BFS. If we can't do that , it's time for a strategic study
...more
(339)
•••
red
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Comment by
red
on Jul 01, 2024 8:40am
RE:Option to buy refinery expires.
I could imagine that the flow of money from grants is a factor ? We have been awarded millions but collection of same Is another storey. It would be reasonable that we be provided a bit more
...more
(150)
•••
Jim1712
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Post by
Jim1712
on Jul 01, 2024 7:43am
Option to buy refinery expires.
Alberta Refinery Site Option for NICO Project Has Expired LONDON, Ontario -- (Business Wire) -- Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www
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(0)
•••
PressRelease
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Post by
PressRelease
on Jul 01, 2024 7:31am
New Press Release - Alberta Refinery Site Option for NICO Project Has Expired
Fortune and JFSL remain interested in concluding a transaction under a new arrangement Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) announces that the option to purchase the JFSL Field Services ULC (“JFSL”) brownfield industrial site...
read article.
(339)
•••
red
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Comment by
red
on Jun 30, 2024 8:34am
RE:RE:Alberta Refinery is 99.99% FT’s refinery!
Robin has been clear on the other processing going on in the area of our new proposed facility .... the glove fits for our facility in that area - it's paper work with the AB gov, who
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(320)
•••
Baserunner
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Comment by
Baserunner
on Jun 28, 2024 5:21pm
RE:Alberta Refinery is 99.99% FT’s refinery!
Yes l agree "site permitting " so with that in mind l would think until the permits are in hand they wouldn't close the deal ! So l wouldn't be surprised if hasn't close today
...more
(104)
•••
good7news7soon
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Post by
good7news7soon
on Jun 28, 2024 4:31pm
Additional test work & piloting underway at SGS Lakefield
Additional test work & piloting underway at SGS Lakefield Validate process optimizations Validate processing Rio Tinto material https://s1.q4cdn.com/337451660/files/doc_presentations/2024/06
...more
(104)
•••
good7news7soon
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Post by
good7news7soon
on Jun 28, 2024 4:23pm
Alberta Refinery is 99.99% FT’s refinery!
In new monthly report, FT said .. Funds will be used to advance the NICO Project to a project finance & construction decision, including Alberta Refinery site permitting, I think that means
...more
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