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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 frontrunner1on Jan 05, 2021 6:36pm
257 Views
Post# 32229511

Goad Should Be Replaced

Goad Should Be ReplacedSorry guys I finally had to join Stockhouse because I could not stand by and watch more idiots like myself buy this fantasy that the mine is shovel ready. Are you kidding me! Goad has had 20  years of spending $120 million of shareholder's money and still there is no road into the mill, no Benefit Agreement to allow the access road to cross Native Land, no more money in the Treasury, no Investor Agreement although he has signed 44 NDA's. Plus the amount of Cobalt Production planned from NICO barely registers on the world scale......it's tiny and no one is going to truck it half way across the Country for this small amount.........give your head a shake!!!!
This clown can't get anything done and I sure won't give him another dime of my money.
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