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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 The_Guruon Jan 27, 2016 12:52pm
98 Views
Post# 24498212

RE:RE:RE:RE:NWT ROADS

RE:RE:RE:RE:NWT ROADSFor Fortune it is the highest possible priority.  They need a permanent road to the mine.  No road, no mine.  And the indigenious people are too few to warrant the expense on a permanent road if there was no mine and jobs.  As for the Liberals.  Who knows?  If there were refugees there it would get done.  I think a lot of people look at the Liberals as more environmentally concerned than the Conservatives.  So does building a mine in an environmentally sensitive area like the Canadian north work for them.  Probably not high up on their to do list.  Not a lot of voters in the Canadian north and only a couple of seats in Parliament.  


Bullboard Posts