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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 tiger6301on Jan 04, 2018 2:31pm
154 Views
Post# 27282588

RE:RE:RE:.355

RE:RE:RE:.355Excellent volume, 7.3 millins so far, but the SP just cannot hold its gain in the morning, and we need good news for the next phase of run.

tiger

Moemoney42 wrote:
What I like about the last few days of trading is that volume has picked up considerably and broke through resistance today with great gusto.. I think the run could continue until ~ $.45 before a pull back of any substance.. similar to the trading in late Nov. when it went from $.20 - $.30 (a 50% run) in a couple of days to continue to bounce off that resistance level for Dec. and early Jan. 
Now if financing or an offtake agreement is announced soon the $.45 level will only be a stopping point to much higher prices in my opinion..!!

Moe $$


Bullboard Posts