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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 tresspaseron Feb 03, 2017 10:39am
165 Views
Post# 25794798

RE:RE:cobalt up again! Zooms past 17!

RE:RE:cobalt up again! Zooms past 17!
"...there are dozens and dozens of studies being completed, by many different groups."
 
This maybe true, but the only salient studies are on the Government's Engineering Project tracking site ("https://reviewboard.ca/registry/project.php?project_id=958")  who claims an Evironmental Study needs to be "fully updated" after new data is recieved in April, and who estimates "Road construction may be year round and is expected to take 4 years to complete".
 
Make your own conclusions, I just provide the URLs.  
Bullboard Posts