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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
Comment by AbuBabaon Oct 07, 2020 11:05am
123 Views
Post# 31679876

RE:Geo politics on CMs will continue ...

RE:Geo politics on CMs will continue ...Interesting article. China's Zijin has a pretty big stake in IVN in the Congo, which is working on a massive copper deposit. But overall looks like the world, and not just the US, is stepping back a bit from excessive globalization and recognizing the need for more balance, localism, and decentralization. Funny how COVID has indirectly vindicated some of Trump's rhetoric on trade, jobs, and domestic manufacturing. Sometimes you need to learn the hard way.
Bullboard Posts