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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 FortuneJimon Jun 15, 2018 12:58pm
81 Views
Post# 28178549

RE:today's share price

RE:today's share priceSo what....... it’s all about cobalt.   If we can get a greener light on the road we will be golden.   Read up on cobalt .  Specifically the impending demand and lack of supply. 

If you think no one wants this potential supply then sell .  If you believe cobalt has a secure place for a number of years then buy heavy at these prices.  

Imho this is dirt cheap. The last Financing was done at .17 and most shareholders never got a sniff. 
Here’s your chance to get rock bottom prices before the move.  

Looks like the BOD  will be getting some nice cheap options on Tuesday.  

Jim. 
Bullboard Posts