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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

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

Bullboard Posts
Comment by kjs4381on Oct 11, 2006 4:22pm
174 Views
Post# 11489479

RE: Deceit & Lies

RE: Deceit & LiesMr Gekko, if litigation is the way to go, I'm sure you would not have any trouble getting disgruntled shareholders to join in. Especially with the new laws that have come into effect. That being said, it's funny how the stock moving up drastically instead of down can change everyone's mood about the company. To me and obviously to a few others, it's too bad the company can't keep their time lines, definately hurts credibility.
Bullboard Posts