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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 > SRK consulting
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Post by uudamannon Feb 11, 2021 5:26pm
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Post# 32547337

SRK consulting

SRK consultingWhen Lascaux took back the Revenue silver mine in 2015, subsequent to the loan default by FT, Lascaux renamed the mine "Ouray Silver Mine Ltd (OSM)". OSM filed 3 annual financial statements and commissioned 3 detailed Feasability studies (FS) provided by SRK, the last in 2018. I do not think many people have read these FS. They are fascinating. If you understood the inherent misdirects therein, you would today be an avid holder of Fortune shares.

Have no doubt where this is going. An extremely sophisticated game.
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Dealroom for high-potential pre-IPO opportunities