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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 27, 2020 1:14pm
145 Views
Post# 31626682

overseas

overseasNot sure how overseas buisness will help Cobalt or Gold from our Mine,, i assume a N American connection would be needed for USA Government help,,, or Canadian Gov for that matter, due to China domination.  Now if it helps in future companies build mines and create a investing Buzz/Boom for the North that helps us buld our project then great!    But i truly believe to do it Right the Rail COs need to Design a Wider newer type of Rail line to greatly prevent massive Oil spills due to derailment, which everybody knows is High risk compared to pipelines.   They say its pretty straight and flat most of the way from Alberta to Alaska,,,  perfect time for Rail to join 2020,,,
Bullboard Posts