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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 Unfortunateon Sep 26, 2018 9:56pm
122 Views
Post# 28697954

RE:Goad's Away from His Office

RE:Goad's Away from His Office
He spends every week on the shareholders dime. He should be in the NWT every single month till this all gets sorted out. Fortune Minerals should move their headquarters to Yellowknife if they're actually serious about the NICO project. What a tremendous show of good faith and resolution to the people of the territory that would demonstrate. Being situated in London Ontario is a joke for a mining company. The demand for cobalt is real and well established, there's no need for cheerleaders anymore. All these conferences and BNN appearences and such are just a waste of time and money. It's a vain attempt to make himself seem like he's actually doing something. September is rapidly coming to an end. Where's the feasibility study?
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Bullboard Posts