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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 redon Feb 06, 2021 11:03am
102 Views
Post# 32492777

RE:Cobalt futures up 1.05%!!

RE:Cobalt futures up 1.05%!!And battery future requirements would appear to be busting out at every level and cannot be denied.

FT has enough output possibilities and while not the biggest in the world certainly enough to provide a larger manufacture with ethical, safe and continuous supply.  I think if there was a manufacturer who was vertical integration minded .... FT would be a perfect fit. Only adds to our potential...... it's my hope our next news is more substantial than less and hopefully we don't have to deal too much with the manipulative traders.

I think there is enough going on that we could be on the cusp of the bigger news vs the lessor type news. And so I hope.... FT has it all.
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