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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 Nov 26, 2017 10:07am
163 Views
Post# 27033097

RE:I’m new, here’s my thoughts

RE:I’m new, here’s my thoughtsi would agree with $1.50 - $4.50 dollars if were playing "price is right Bob "  ha ha ha.  i agree the road is not a big deal the first "pop" in share price and the first couple years using the "ice road"  its -18-20 ish in YellowKnife so looks like a "traditional" winter ,,, but we Must close the deal and have financing as soon as possible,, cheers for six years!    
Bullboard Posts