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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 > Staying long- cobalt prices remain unchanged
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Post by Marketbeaton Mar 04, 2021 6:40am
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Post# 32712689

Staying long- cobalt prices remain unchanged

Staying long- cobalt prices remain unchanged

Hey folks, cobalt futures @52.61k....

I also follow Nickle futures which have been hammered due to Norilsk Nickel reopening... the reason why I mention this, is twofold. 1. With mutanda being closed for care and maintenance we should see elevated prices as demand truly catches pace. 2. The time frame for us to strike is now... 

with that being said, does anyone thing we will hear about the refinery prior to pdac?
 

 

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