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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > More insider trading
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Comment by Goldenpanucoon Feb 07, 2021 4:18pm
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Post# 32496687

RE:RE:RE:RE:More insider trading

RE:RE:RE:RE:More insider trading Couple things have happenned. Joe Biden survives his election and becomes President, says oil is out and green is in. Plus cobalt prices continue to trek north almost daily. Chinese relations with NA continue to sour, and the DRC is ongoing mess. Even with the 400 million plus shares out there it defies logic that this stock is .14 today. The value is north of 6 billion, and could be much larger then that. Why wouldn't anyone buy this stock? Seems to me to be the right time for it to fly, news will help, as will the all season road, and let's continue to watch as the price of cobalt climbs.
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