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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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(316)
•••
red
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Comment by
red
on Aug 21, 2024 9:11am
RE:Re: Alex Mezei
Agreed, good info .... I gues his paycheck will come from the grant money received some time ago for sgs testing maybe some expense to be paid by RT as they have a lot to gain should this work out
...more
(188)
•••
Allman
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Post by
Allman
on Aug 21, 2024 9:07am
Interview
I realized it's not the ELBM board, but here's an interesting BNN interview with Trent Mell; much of what is said must be equally applicable to FT. https://www.bnnbloomberg.ca/video/shows/the
...more
(52)
•••
Yellowknifer69
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Post by
Yellowknifer69
on Aug 21, 2024 7:48am
Re: Alex Mezei
Hello and good morning Longs: Attached is a link to Alex Mezei's LInkedIn Profile. A good post about the process currently running at SGS. https://www.linkedin.com/feed/update
...more
(95)
•••
good7news7soon
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Post by
good7news7soon
on Aug 20, 2024 7:37pm
FT is advancing with the government funding C$17 million!
Fortune is also pleased to announce that Alex Mezei, M.Sc. P.Eng., has joined the Company as Chief Metallurgist. Mr Mezei will supervise the test work and process and design engineering for the NICO
...more
(67)
•••
sdhaka
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Post by
sdhaka
on Aug 20, 2024 3:11pm
Fortune Minerals Limited is back on track with a new option
Hey guys!! Fortune Minerals Limited is back on track with a new option agreement to acquire the JFSL Alberta refinery site for its NICO project. This site could become a key hub for processing cobalt
...more
(95)
•••
good7news7soon
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Post by
good7news7soon
on Aug 20, 2024 2:11pm
New option agreement, FT need to pay now only C$4.5m!
Fortune can acquire the Lamont County site from JFSL for C$6,000,000 prior to the end of November 2025, provided it makes monthly option payments of C$100,000. The monthly option payments and the C$1
...more
(316)
•••
red
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Comment by
red
on Aug 19, 2024 8:45pm
RE:ELMB gets 20 mil From…
Great comment From Robert Morris on LinkedIn "It's telling that the U.S. Department of Defense sees investing $20 million in Electra, an upstart Canadian listed firm, as vital to its
...more
(316)
•••
red
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Post by
red
on Aug 19, 2024 3:09pm
ELMB gets 20 mil From…
USA Defence - up 50% !! Nice to see and hope the trend continues on Canadian developments .
(867)
•••
ztransforms173
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Comment by
ztransforms173
on Aug 19, 2024 2:47pm
RE:NOT VERY
- the MARKET is STUPID and EASY TO FOOL - that is WHY you INVEST with KNOWLEDGE and CONVICTION - TRADING is a TOTALLY DIFFERENT BALLGAME z173
(9)
•••
stock87
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Comment by
stock87
on Aug 19, 2024 2:45pm
RE:NOT VERY
When the news about the government funding came out, it took a couple days for the price to go up. It wasn't until a CBC article came out that it went above $0.09 or so.
(314)
•••
Baserunner
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Post by
Baserunner
on Aug 19, 2024 2:34pm
NOT VERY
The market place is NOT VERY IMPRESSED! Looks like much of the same from the pointed heads ! Still very little movement on price and volume! If the market believed we would be back to 3 mos ago
...more
(188)
•••
Allman
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Comment by
Allman
on Aug 19, 2024 2:18pm
RE:RE:RE:Property purchase Option Extended to Nov 2025
Pay in full now $5.5 mil with borrowed money at say 9% interest or pay $6 mil a year from now in full at 9% more - pretty much 6 or one half dozen of the other.
(867)
•••
ztransforms173
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Comment by
ztransforms173
on Aug 19, 2024 1:45pm
RE:RE:Property purchase Option Extended to Nov 2025
- AS FAR as I CAN TELL, the $ 100,000.00 PAYMENT PER MONTH to MAINTAIN the JFSL OPTION WAS THE STICKING POINT which is WHY the OPTION AGREEMENT GOT DELAYED - the INCREASED SALES PRICE was '
...more
(867)
•••
ztransforms173
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Comment by
ztransforms173
on Aug 19, 2024 1:36pm
RE:Property purchase Option Extended to Nov 2025
- the HIRING of the CHEMICAL ENGINEER is the BIG POSITIVE STORY - the JFSL property option EXTENSION is SHADOW BOXING and it is COSTING US MORE TO PLAY - overall, we are DEFINITELY MOVING FORWARD
...more
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