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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 29, 2021 12:09pm
159 Views
Post# 32898610

RE:RE:Timber....

RE:RE:Timber....

There is little to add to what's been said here a thousand times in the last 2 years as FT builds up and finalizes a processing plan ..... constant up hill battle but is a matter shared by all cobalts and everyone can see that. 

the great disconnect between miners and manufacturers cannot continue and will not continue for long as massive battery plants are being constructed around the world to meet the EV and Green technologies demand which is upon us and more coming,.....geopolitical influences occur every day not to mention Covid. It been said at international levels that end users of Cobalt are scared sh-- less about DRC liabilities and RISKs therein. 

Now one can sit back ignore all of this if one chooses  and who knows maybe we will see 0.11 before we see 1.5, 2.00 or more but the facts are on the table , you would have to be blind not to see it, we and cobalt have never ever been in this space in our lives  (all things considered)  .... and as a result opportunity for FT and other non DRC cobalts has never looked better. 

so as The salesmen of salesmen ( Donny trump sr) once said about some fat guy laying on a bed with his laptop could be playing games but he also knows what he is doing and where we are going and will say almost anything on these BBs to persuade or try to convince some to bail on their cobalt and FT now.... only to regret later. ... stay the course look at the facts around you it's all there like never before, FT = opportunity 

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