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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 Mar 05, 2021 3:20pm
126 Views
Post# 32730536

RE:RE:RE:Dog & pony show

RE:RE:RE:Dog & pony showLike I said you can't make this stuff up .... something has to break soon 

, Nicholson said…"The most important thing for the automotive sector as a whole is that you have a flourishing regional battery supply chain," Nicholson said. "Not just of the cells, but with the materials, the supply chain that sits behind it. ... What they don’t want is concentration of supply outside of their regions where they make the cars. That won’t help them."…"We’ll fail as an industry if we focus too much on lowest-cost sourcing at any cost for the cheapest possible internationally imported battery as if it were just another commodity like a wheel nut," he said. "If we do that, we’re not going to grow a sustainable supply chain, and the long-term value will be eroded."
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