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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 rospar2on Nov 28, 2018 3:34pm
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Post# 29035579

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Jim and Goad

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Jim and GoadGoads #1 priority has to be financing. Without financing there will be no mine, no spur road and no benefits. He should have been in Germany. By the time FT starts producing cobalt German car companies and/or their associated battery companies will be the second largest EV cobalt user after China. Car companies are also significant users of bismuth which makes them a desirable strategic and/or offtake partner. GLTA  Bob
 



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