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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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Post by Yellowknifer69on Jun 26, 2020 11:20am
259 Views
Post# 31195289

Re: Eric Sprott

Re: Eric SprottHello and good morning FT Longs:

I remember at the AGM in 2017, Robin Goad alluded to the fact that Fortune could have off loaded the gold in the NICO deposit five times.

Listening to Eric Sprott and watching the markets and the sudden explosion of Gold junior exploration and it seems to me if the POG does hit $2,700 an ounce that now would be a great time to make a deal with our $1.1 million oz. as leverage.

Can hardly stand the excitement - patiently waiting for FT's next news drop?  I am thinking September? 

Yellowknifer
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities