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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 letternon Sep 07, 2016 7:44pm
152 Views
Post# 25215882

RE:RE:RE:RE:News out.

RE:RE:RE:RE:News out.Hmmmmm, lets think about this. The road has been discussed for years and is largely supported by locals and government, there is a federal government in power friendly to advancing First Nation issues and infastructure, cobalt demand is growing/supply is relatively static, and the project is pretty much "shovel ready". I'm pretty confident the road will get done....yes, a bit more patience is req'd. Would seem to me the road is the final hurdle to advance a partnership/developement.

Good luck to all...

Lettern
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities