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 Newcoinson Feb 22, 2018 4:44pm

74 Views

Post# 27605157

RE:RE:RE:RE:RE:RE:RE:Could it be Apple?

Hes here because he has nothing better to do with his tme, its sad. He is a TROLL

Jelmst wrote:

ufoolme wrote: No, no longer own Fortune, but just pointing out the facts. Do your own DD, but don't buy everything pumper Jim posts. Yes I own ECS, because the majority of the requirements to build a mine by eCobalt are complete. Financing is about the only thing left. As for FT, just look at the requirement that have to be completed. When I get time, I'll post you a list, and you be the judge.

Why come here then talking nonsense? Why would you downplay a stock only because you own another stock that is also a cobalt developer? I wish you all the best with ECS. Their resource is smaller and logically, their CapEx is lower compared to FT. As i said before, FT will have a negative production cost because of the gold and other valuable by products. Doesnt get much better than that. Valuation is still lower for FT as well meaning higher possible rewards. Also FT has a big catalyst coming up (Feasibility Study). Wish you well with ECS, DYOR.