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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 goober2019on Sep 01, 2020 7:53pm
243 Views
Post# 31491534

progress

progressThanks Red!       So we have a realistic timeline now,, if Fall 2021 is the openning then the next 6 months should be very telling as to our future,,  2 plus months  before USA election and give it 3 months after for Bank/ Financing partner interest to peak after Biden Wins, and the reversal of negative gov attitude towards EV / Green energy revolution to come to N America in a Wave of some kind,, plus we need  to keep pace with the Road to take advantage of timing. 
Bullboard Posts