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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

Post by redon Mar 16, 2021 8:49am
261 Views
Post# 32806136

Not many operations ....

Not many operations ....Of primary cobalt available to invest in ( especially in North America ) .......here is one candidate of many that must be at the door step of FT likely to see if they can get us for peanuts. In the grand scheme of things we are at the mercy of those with the money. They all know what it takes to go from raw material to marketable product and it's not easy or cheap.....but they also know what it takes to get to where FT even is after 23 years.

decision time coming soon 

https://www.standard.co.uk/business/mining-tycoon-mick-davis-spac-green-energy-mining-giant-vision-blue-b924106.html

a
lso noted in news VW is not only laying out EV plan .....but also how your going to charge your batteries and also add excess to the grid.

as Simon said ...it we are waiting for 2050 to see electrification transformation we won't be buying cars but we will be buying boats lol, time is running out, it's well documented, the rush is on, FT fits the bill. The only reason that I can think of that we are not promoting and in the news is because something is in the works.....there is no other good reason. Hang on to your FT when this egg hits the pan it's going to sizzle. 
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