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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 Potash1968on Feb 14, 2018 11:48am
138 Views
Post# 27558073

RE:RE:The financing mix

RE:RE:The financing mix My thinking is that.....Vale is selling their Cobalt Streaming of 2000 t for the first 10 years and 1000 t for the last 10 years for $500,000,000.
We can produce 2,000 t for 21 years so what are we worth? Plus we have 1.1 mil onces of Gold plus Bismuth.
WE ARE WAY UNDERVALUED!!!!!!      DON't SELL US CHEAP!!!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities