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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 Yellowknifer69on Apr 09, 2021 4:56am
177 Views
Post# 32965015

RE:World No 2

RE:World No 2Hello and good morning FT Longs:

Thanks for sharing spooner - appreciated.  We all know of course that cobalt-free and solid state batteries, hydorgen technology will be coming.  that being said, the need for cobalt will likely be around for the next 100 years for all the other battery techs where it makes sense to use - phones, airplane engines, etc.

Not worried about statements like these.  Also, seems pretty evident that this technology is a work in progress like everything else.

Still Long in Cobalt,

Come one Robin - lets get it rolling,

Yellowknifer
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