Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Nov 21, 2017 10:13pm
134 Views
Post# 27008491

RE:RE:Timeline

RE:RE:TimelineHey man, thanks for your in-depth response, totally agree timing is everything,, in my opinion 2020 is a significant date for FM to hopfully be fininishing the construction of the Mine ( sask as well ) and then ramping up to full, a year later 2021.  i really believe cobalt and lithium manganese nickel graphite battery configurations only have a limited life span before alternative Technology ( graphene ) for instance,, but for the next 8-10 years cobalt will be the tightest supply ingredient and the most important ,,, time is on our side but Not on our side any time around 2020-2021 start up works,,, but we want years of sales, but who knows what Tech developments happen down the road,,oh and the past financing was with China,,, China has tons of cobalt and are leading the world Refining and in  EV advancment,,, As a barganing tool, having colbalt must help FM find a desperate None China buyer to get the best deal possible? ( cant believe Teslas error in cobalt supply stratagy )   Cheers! for 6 years!  YK :)   been 10 yrs in FM for me
Bullboard Posts