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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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(152)
•••
Jim1712
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Comment by
Jim1712
on Aug 19, 2024 12:47pm
RE:RE:Property purchase Option Extended to Nov 2025
Likely from the Lind convertible debt. JIM
(52)
•••
Yellowknifer69
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Comment by
Yellowknifer69
on Aug 19, 2024 12:17pm
RE:RE:Property purchase Option Extended to Nov 2025
Hello and good morning FT Longs I agree with you on that front Red. The government loans are both reimburseable upon submission of receipts for services purchased. I suspect that another
...more
(316)
•••
red
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Comment by
red
on Aug 19, 2024 12:10pm
RE:Property purchase Option Extended to Nov 2025
Not sure where we are getting an additional 100 k per month as i doubt it fits as an legit expense in the current grant funding agreements - must be more to this ?
(42)
•••
Tuckerthefox
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Post by
Tuckerthefox
on Aug 19, 2024 11:52am
Property purchase Option Extended to Nov 2025
Well at least they have total flexibility to purchase, or decline, for whatever deal they work out with the potential Partner/ purchaser who may not require a refinery site. However any Alberta funds
...more
(152)
•••
Jim1712
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Post by
Jim1712
on Aug 19, 2024 11:49am
News. Refinery deal done.
Fortune Minerals Completes New Option Agreement to Acquire the JFSL Alberta Refinery Site for the NICO Project LONDON, Ontario -- (Business Wire) -- Fortune Minerals Limited (TSX: FT) (OTCQB
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Aug 19, 2024 11:36am
New Press Release - Fortune Minerals Completes New Option Agreement to Acquire the JFSL Alberta Refinery Site for the NICO Project
Alex Mezei retained as Chief Metallurgist to supervise test work and process engineering Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has entered into a new option agreement with JFSL Field Services ULC...
read article.
(316)
•••
red
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Post by
red
on Aug 19, 2024 8:17am
Saskatchewan getting attention….
Can't imagine Alberta / feds being to far off from making announcements on CM processing and development in Alberta ( besides lithium) and the NWT Nico deposit is the stepping stone to adding to
...more
(316)
•••
red
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Comment by
red
on Aug 19, 2024 7:49am
RE:More promising bismuth applications
Pretty comfortable that if you ask Robin you'll hear that those in the relevant board rooms of the world know about us and have for years, especially in the last 2 or 3. I would assume and
...more
(188)
•••
Allman
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Post by
Allman
on Aug 17, 2024 4:53pm
More promising bismuth applications
While we're waiting for the next domino to fall and take us further up the Lassonde Curve, the number of new applications for bismuth continues to grow, turning this once under-appreciated Pepto
...more
(316)
•••
red
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Comment by
red
on Aug 17, 2024 2:13pm
RE:2550 GOLD!!!
Certainly and obviously gold is significant and with others is a 5 billion plus deposit riddled with things ours and other countries apparently are "scrambling" to secure , so its worth lots
...more
(314)
•••
Baserunner
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Post by
Baserunner
on Aug 17, 2024 12:55am
2550 GOLD!!!
Surely @2550 this company is worth 0.05 on that only??? Yet the main products are not even priced into the share MC of the company now! Wow! Yet it is very hard to get excited about things when you
...more
(316)
•••
red
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Comment by
red
on Aug 15, 2024 3:49pm
RE:RE:Government funding and FT!
Speaking of fast tracking ... let's not forget ( from cobalt news ) ....." The U.S. and other countries are scrambling to ease their reliance on China for key materials, setting out
...more
(89)
•••
Freedom2022
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Comment by
Freedom2022
on Aug 14, 2024 3:31pm
RE:Government funding and FT!
And this is "Fast Tracked" ? lol snail pace more like it,, cheers! put FT on "Snooze" news wise my friends,,
(95)
•••
good7news7soon
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Post by
good7news7soon
on Aug 14, 2024 12:20pm
Government funding and FT!
The first co-investment with the U.S. in two Canadian companies developing deposits of critical minerals — Fortune Minerals is one of them! In total, eight projects were funded to validate the
...more
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