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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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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Comment by The_Guruon Sep 11, 2014 11:17am
316 Views
Post# 22926914

RE:RE:RE:RE:Another setback for the Arctos Anthracite Met Coal Project

RE:RE:RE:RE:Another setback for the Arctos Anthracite Met Coal ProjectCompletely agree with your view.  There has been no value of Arctos coal in FT share price, nor any value for Nico for that matter.  Also, virtually no value for Revenue Silver mine either.  If you believe that FT can get the financing for Nico or RSM than this is a buying opportunity.  
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Dealroom for high-potential pre-IPO opportunities