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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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Post by uudamannon Oct 08, 2020 12:20pm
178 Views
Post# 31686970

ProCon and Caterpillar

ProCon and CaterpillarWhy is someone mentioning ProCon at this late date?

ProCon does NOT inspire confidence. They lent their credibility and vaunted expertise in mine rehabilitation to the Revenue silver mine purchase debacle by offering millions for the pruchase, even after their own close-up, on-site due diligence. That this mislead a lot of people not least the FT shareholders, is an understatement. For further insult, listen to Management's audio where they bask in the glowing due diligence review during the May 13, 2014 podcast. Only do this if you have the stomach for the breathtaking incompetence on display by various parties, including unnamed outside consultants brought in to marinate the buffoonery. 

https://www.fortuneminerals.com/news/press-releases/press-release-details/2014/Fortune-Minerals-Audiocast-of-Conference-Call-on-Revenue-Silver-Acquisition/default.aspx
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities