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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

Post by goober2019on Dec 10, 2020 9:43am
122 Views
Post# 32075822

Congo/china

Congo/chinaQuite frankly, we dont want or need Cobalt world supply ( congo / china ) connection, to be in a Bad state, with the future demand for Ev and storage etc.   FT should be able to kick butt in these times of  Gold now and cobalt copper near future, position of  leverage!  2022- 2023 dont forget is our sweat spot!    How we get there really begins with the final Tlicho agreement finalized and a deal made to build the Spur road,,, that will be the moment in my opinnion,, that will lead to the Big one, partner or takeout.   cheers!   
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