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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 10:15am
135 Views
Post# 32684678

RE:RE:RE:RE:late spring

RE:RE:RE:RE:late spring
Off course there is nothing negative itself beeing at PDAC. My point is when the company find it necessary to take part in PDAC there is for the time beeing no partner with money knocking hard enough at the door. That means more waiting into the blue for the shareholders, and for how long should we wait whitout sustainable news?

Speaking for myself I will wait until autumn before I consider selling, but something really got to happen here soon. The Nico project is well on overtime.
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