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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 15, 2021 9:09am
93 Views
Post# 32567548

RE:Interesting video: past and present state of affairs(cobalt)

RE:Interesting video: past and present state of affairs(cobalt)

Good video if your focus is only batteries....unfortunately while we do talk a lot about EVs and batteries here, the use of ethical And a stable sourcing of cobalt is obviously a factor.  its use also goes far beyond batteries, which for whatever reasons the video presenter neglected or forgot to discuss, especially since much of his comments are on the use of cobalt.....he missed a few points.

FT is a very viable, ethical, stable source and some one or group who needs that is looking at us. 

a big take away is clearly what's going on int the DRC is a highly volatile situation that is not resolved easily, likely getting worse before better, we are sitting good all things considered.

 

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