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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 goober2019on Jul 19, 2015 1:36am
240 Views
Post# 23938229

RE:RE:Dead

RE:RE:DeadLets just say they will be in "hybernation" mode for awhile then!  lol Financing is a long shot,, and im a Believer!   well i was!   :(   Goad is now a weak spot!   lets face it this was a long shot,  everything had to come together for this!   coal, silver, cobalt,when you rely on prices these days!  good luck!  even the gold isnt enough to cover the Humongous! capex for this project,,, i was just to much in love with the company ,,, im sure even The longs sold some of there shares!  right?  tell the truth!  when it was 30 cents? and falling,,, what ever!   lol    good luck!      
Bullboard Posts