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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 Cletternon Oct 10, 2020 1:29pm
106 Views
Post# 31701081

RE:RE:So frustrated

RE:RE:So frustrated

There simply are no excuses left. It's time to sh*t or get off the pot. Gold is near historical highs, cobalt appears to have stabilized and trending higher, the all season road is being completed. I think the notion of building your own fully integrated hydro metallurgical operation is a pipe dream. Move on with plan B and sell a concentrate(s). 

get on with it, I'm not sure we can survive yet another downturn 

JMHO

lettern

Bullboard Posts