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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 08, 2021 8:26am
128 Views
Post# 32741551

RE:RE:procon

RE:RE:proconThe procon situation is interesting.....we have a mine builder who owns a good chunk of us so anyone who has servered as a director on a board of directors would understand the influence the board or a board member has on the direction of a company. It would be interesting to understand the influence of Yurkowski on and to the BOD, there are several board members that know squat about mining and development. Let's face if if there was going to be a mine you would think there would be desire by procon to do it .....I know what I would try to do if I was in the same position any any one out side the board would see the same thing ....much like I think probably some see with yurkowski .....any information and outsider puts on the table is going to feed procon and whit that alone there could be some negatives .....complete speculation on my part but have wondered this for some time.

the facts are clear all around us  that we have never been in a better position to advance the FT story and the Pros far outweigh the Cons.....once this processing situation is resolved the picture is complete in that much ( and a critical part) of the risk of the critical path planning is done and we will be even far more attractive ...in the end, how procon influences this will be interesting .....it could also be that they have been ever critical to the board in terms of ways and means the plan advanced ...is what I would like to believe ...good things to come stay long. 
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