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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 Jelmston Mar 16, 2018 9:39am
148 Views
Post# 27726402

RE:RE:RE:More likely

RE:RE:RE:More likely

You have been ignoring the facts that i have posted many times. No response from you what so ever. The one who should take his blinkers off and look at the whole picture is you 

FT has:
- Best cobalt depost outside DRC and Australia: 33 Million Metric Tonne (t) 21-year Mineral Reserve.
- In response to positive feedback from potential strategic partners: examining the feasibility of a 20 to 30% increase in the planned NICO production rate. 
- Advanced talks with potential partners. 
- 1.1 million ounces of proven gold reserve. This leads to cost negative cobalt production. Amazing fact. Either this or the gold is sold up front. 
- Other by products: Bishmut an Copper.
- Very low market cap. Big upside potential.
- Big catalyst coming up: Feasibility Study out soon.

You keep hammering about the road. Im not sure if you keep ignoring all the news about this, but it is clear the road will be build. 

Bullboard Posts