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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 uudamannon Jul 29, 2020 10:05am
143 Views
Post# 31336455

Con men accusation

Con men accusationThat is defamatory. Potentially actionable. There is no evidence that management is 'conspiring' against the interests of the shareholders. Corporate strategy can be closely guarded at times when conditions warrent it, as it should be, particularly in an unscrupulous world. Goad has been on the job for 25 years and has had more than one opportunity to cash out along the way on terms much better than he can achieve now. I am not defending management or promoting them. I am not in the legal profession. Smearing people with perfidious motives is odious, counterproductive and unacceptable in principle.
Bullboard Posts