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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

Comment by Goldenpanucoon Jan 28, 2021 5:43pm
157 Views
Post# 32414729

RE:RE:GameStop traders move into precious metals

RE:RE:GameStop traders move into precious metalsWhat it would take is these reddit raiders/ or group of like minded investors to develop a strategy to push NA crtical minerals and projects that benefit the US, Canada and Mexico. The largest deposit outside of china, of rare earth minerals is located in the NWT ( Avalon). Why should EV car makers in NA get cobalt from China? or the DRC? At some point geo social investing could really benefit NA products and producers. If people push hard enough anything is possible as seen with AMC, BB, and GME, this would obviously be for much different reasons, but hey why would we want to support material coming from China or Africa when, christ we have it here in NA. Maybe someone should start a Geosocial Investment group on reddit. Lithium, Cobalt, rare earths, graphite, graphene, nickel and copper projects that will create jobs, stimulate the economy, and push the green economy at a faster rate then any government could.  
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