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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 Apr 22, 2021 8:50am
58 Views
Post# 33043411

RE:Re: Pressure is on to cut Carbon Emissions

RE:Re: Pressure is on to cut Carbon Emissions

Thsee emission targets will never be achieved unless there is a credible plan to remove ICE vehicules from the road ....we will accomplish that by penalizing those who continue with ICE's and incentivize the use of EVs ...of course there are other factors but this is one of the big ones, storage systems is the other and why battery metals sourcing is critical and where we fit in ....FT is the Convenience store of electrification metals sprinkled with or topped with gold and the new oil ...copper.

the exponential growth of battery supply requirements is clearly writing on the wall and the cobalt world will participate.

Along with Biden's up and coming plan we can note 
https://www.cbc.ca/news/world/climate-canada-biden-1.5997102

what our government does to avoid us looking like and being fools, is to incentivize electrification metals production to fuel what is coming south of the boarder and around the world. 2030 targets are an incredible task yet to unfold but 9 years is a very short time to realize carbon reductions to the levels planned when you don't yet have the tools in the tool box. We have the components required.

at this stage of FTs life S&P's, market caps, history and so called corporate fundimentals etc etc in my opinion, mean nothing especially today, when you simply have the goods. Clearly we have the goods and then some, so with a a processing program / location are two or less years away from a marketable product. 

In light of all this you would think that instead of FT licking the bankers boots for money that the government, bankers and manufactuers would be bringing latte's and donuts to Robins office....simply becuase we are ready and yes we have the goods .....is that so far out in left field to be impossible? Sycophantic ? Brain washed thinking ?  ....I don't think so ....hang on to your FT ...this is a success story that I think is about to unfold. Nico will be developed 
 

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