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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
Post by Yellowknifer69on Jul 09, 2020 1:35pm
159 Views
Post# 31246425

Price of Gold

Price of GoldHello and good afternoon:

Most of you will have noticed that the POG has firmed up over $1800 per oz.  Some of you may not have noticed the amount of money that global investors have been pouring into gold ETFs, gold producers, and juniors such as Tudor, TUO, DEC, AMK, and Wallbridge.  The interest is definitely there for proven resources.

I find it interesting that our shareprice continues to remain stagnant in this current environment.  Is it manipulation?  where is the interest?  a head scratcher for sure?

some one needs to shake the trees and remind investors of what the NICO deposit has.

Hopefully soon,

Yellowknifer
Bullboard Posts