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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
Bullboard Posts
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(8)
•••
Post by jenkinjton Jul 14, 2011 6:00pm
374 Views
Post# 18833097

Selling now??? Must Need Money Bad

Selling now??? Must Need Money BadDay traders hoping to catch a ride to $2.00 on the news are running for the exits and selling cheap.... Hard to believe letting this stock go with this announcement on financing/JV that everyone's been waiting for. This is great news and once the day traders scurry away the share price will climb steadily........ 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities