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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 FortuneJimon Apr 11, 2018 4:09pm
119 Views
Post# 27868985

RE:RE:RE:ROAD

RE:RE:RE:ROADI would think we should get a nice jump on the share price  with the new feasibility study.   A healthy increase in the cobalt reserves will help.   

Its gonna take some positive math in the study to show a nice healthy return to get things started.  I’m confident with cobalt prices in the 40s and gold prices climbing we will get noticed.  

Jim. 




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Dealroom for high-potential pre-IPO opportunities