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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 Lottenon Mar 01, 2021 6:06am
150 Views
Post# 32683516

RE:late spring

RE:late spring
I hope you are right about big news before end of spring. But I`m not so optimistic any more. Why do they need to make a new introduction if we are close to something? And for the same reason why do they take part in PDAC 2021?

Other questions we should ask is: Do we have to raise money soon? Will there be more dilution?

Sorry to be a bit negative, but I`m afraid the waiting time can be longer than we like to think of. I do hope Mr. Goad will prove me wrong in this, and that we soon can put a big smile on our faces.
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