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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.


TSX:FT - Post by User

Fortune Minerals Ltd
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(1708)
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Post by kjs4381on Oct 04, 2006 7:42pm
134 Views
Post# 11463601

GMP

GMPStrange how GMP thought FT was a good buy @ $2.80 for weeks and $3 before that and they seemed to have timed the dip perfectly to make their cross @ $2.58. Just can't figure if it was a good buy @ $2.80 and above, why they wouldn't be in there buying at $2.20. I'm sure there are reason's but I can't figure this one out, anyone with a good reason?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities