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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 Jan 21, 2021 11:29am
211 Views
Post# 32345057

excellent

excellentThanks! for the report Jim, very cool of you, Insider buying is nice to see, i like the idea of FT trucking Goods to the people , dont down play the Recycling play on the Refinery , makes it more Green friendly just like Bismuth is a helper at Nico,, helps sell the enviro side , Re guardless of the proof of saftey in sask, it was on a aquifer, could the sask party not have found FT a similar site elsware we would be far advanced in our progress. Cobalt is here to stay , its not just cars that need it, FT is in a "sweet spot " for the next 5 years as the EV/ Green momentum gains ground quickly and China dominates Refining,, makes our Refinery and Fcc  ideal maybe even Vital given world politics, for USA consumtion.   just like the first 100 days in Biden plan , our next 100 days will bee fun , i am assuming,,, lol    cheers!        
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