Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 elitespooneron Feb 02, 2021 11:48am
97 Views
Post# 32447143

RE:RE:The necessity of a Cobalt Refinery!

RE:RE:The necessity of a Cobalt Refinery!There is investment risk, period.

We already seen statements from Tesla regarding the push to rid of Cobalt in their batteries. Cobalt has so many other uses besides these ev markets, thats why Im an investor.

Plus, it is a good asset for the North to pursue.

A 6 billion dollar asset and we have no offtake agreements, whahhhhh ??? thats hard to believe

Ive been out to Snare Hydro this past summer, there is no room for a mine.

Hydro and road are the expenses we will need to see...what was paid to KIA from Agico, on the road from Rankin, a million a mile, besides the costs ??

Whats the Tlicho asking for ??
<< Previous
Bullboard Posts
Next >>