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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 uudamannon Feb 19, 2021 2:02pm
136 Views
Post# 32611484

RE:Is it my immagination or is someone trying to keep this down

RE:Is it my immagination or is someone trying to keep this downThe question should be: who is supplying the shares? Is it the white hats or the black hats? If it is the white hats, then there might actually be some significant subtance, rather than incompetent management needing misdirection while drawing their salaries, to the claims of an IOCG deposit along the lines of the Australian Olympic Dam mine. White hat price suppression in that case might further indicate the necessity of maintaining an element of surprise. Go back and read the utterly preposterous corporate news releases in 2014/2015 regarding the silver mine acquisition and related operations. Connect the dots.
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