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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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(2)
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Comment by Unlurkeron Sep 01, 2020 9:44pm
166 Views
Post# 31491917

RE:RE:What does "NICO" stand for?

RE:RE:What does "NICO" stand for? Thanks red and geo.. I tried to Google it before asking anyone but it wasn't easy to find. And geo, I can tell how much respect and admiration you have for the FT management team. Ha.

Soon the rubber will have to meet the road. These guys haven't instilled a great deal of confidence but I'm also glad they don't seem to be stock pumpers. Maybe I'm biased but this stock seems to be grossly undervalued unless there's something I'm just not aware of.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities