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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > WSJ article "TORONTO—Investors are pouring money into car co
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Comment by elitespooneron Apr 24, 2021 7:11pm
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Post# 33062340

RE:RE:RE:WSJ article "TORONTO—Investors are pouring money into car co

RE:RE:RE:WSJ article "TORONTO—Investors are pouring money into car coLet them whine in the US. What have they down for mining in Canada recently ??

Frankly its the Chinese money into projects that have been getting things moving in northern Canada.

If GM, Tesla are advocating Cobalt free ... let them.

This is owned by Chinese investors, bring in the monies to mine it, process it and ship it.

As for Goad, if its another 10 years, he'll paid another 3 million, what does he care.

- stay long ..... right Goad ;)

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