Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 12, 2021 9:10am
127 Views
Post# 32783974

RE:CANADA’s CRITICAL MINERALS LIST!!!

RE:CANADA’s CRITICAL MINERALS LIST!!!

Like I said ....you can't make this stuff up .....forward thinking ? it's all around us in the news ...as far as I know we are the only primary cobalt mine opportunity in Canada that is ready to go, you would think that would speak volumes in circles that count.....

are we to believe that we are in some kinda blind spot ? Not seeing that either given the time it takes to go from discovery to operations ...it's all here at FT.....what could possibly and realistically be the hold up? I will answer that myself ....very little and why I think we must be on the cusp of some substantial news and I don't think it's going to be about drilling.

just as an added point of interest and maybe a twist on our situation ..... on a RE project outside of YK where a local FN group from YK has taken initiative and is set to start mining REs for shipment to that Saskatchewan new rare earths facility ...small scale compared to us but think about that. 

Both federal and territorial governments are keen to see more FN sharing in resource development besides just capitalizing on royalties...( great strategy of government) ..it looks to me that Deton Cho of the YK area are taking advantage of that. For anyone who knows and follows the Tlicho over the years and with them taking a 20 % partnership in the Tlicho Hiway project with Kiewitt ( which by the way is a 400 million dollar P3 project) .....would it be far fetched to think they may have aspirations to take a serious position in Canada's only primary cobalt mine ? It would be a godsend to to a developer to have them at the table with a development .....they can get federal support and money like no other. Tlicho Grand chief has been clear that no one in Yellowknife or Ottawa will be telling them what to do ...you bring Tlicho on board in the right way and look out ....that hiway may be paved soon. Tlicho know the potential of FT and they call the shoots with the feds and that is a fact. Support your local FN they are key to advancement of anything up north and the Tlicho final agreement spells it out. They will be a player and it won't be difficult. 

<< Previous
Bullboard Posts
Next >>