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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
Post by kjs4381on Jan 07, 2007 12:43pm
49 Views
Post# 11969195

baily2

baily2I'm sure you are not the only one feeling that way. I personally think the BFS is going to be fairly positive but don't forget they have already mentioned that it won't contain the last round of sampling and the the increase in the size of the deposit, so what ever it says when it is released if it ever is released will improve once the new numbers are figured in. The BFS will hopefully be revised a couple of times over the next 24months. Let's just hope the BFS generates enough investor interest to move the SP up to at least the level it was before they pushed down to accommodate all there shady deals. IMHO
Bullboard Posts