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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 Feb 08, 2021 1:39am
111 Views
Post# 32498170

RE:RE:RE:RE:RE:RE:More insider trading

RE:RE:RE:RE:RE:RE:More insider trading Goid question ES, what is it going to take for FT to get noticed, to get picked up by institutional investors? IMO it's going to take demand for cobalt plain and simple. These guys have been doing the same thing the last 25 years, they have tried many different things to keep the lights on. When cobalt prices increased in 18 the stock got some notice. The same thing is going to happen this year, but this time there will be an all season road, and a green energy/EV push like we have never seen before, Biden is even floating a global moratorium on off shore drilling, in Bidens world oil is dead as a door nail. This will push any battery inputs much much higher. Like I told Red, it's time for FT to shine.
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