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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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(18)
•••
Comment by elitespooneron Nov 20, 2020 6:52pm
109 Views
Post# 31945628

RE:RE:RE:RE:RE:$ 9,604,141

RE:RE:RE:RE:RE:$ 9,604,141
focus... hah

you cannot even determine if its gold or cobalt.

There has to be some consideration for the shareholder and direction. Bloated share structure doesnt makie it easier for financing, if in fact the company even wants to pursue a drill program.

How can you short a company with an already plummeting share price?

Cobalt prices need to be doubled from here for FT financials, isnt that right ?? We have another full year until the road is complete, fall of 2021 ??

Then the 50 km spur road, with what ?

A technical update with what news ? hi grade the deposit.. wow how original.





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