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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 25, 2021 1:57pm
118 Views
Post# 33063643

RE:Mr Goad take your boot off my neck !

RE:Mr Goad take your boot off my neck !In terms of shareholder suffocating.... at Ft it's a pandemic ... however keep the faith..

GLOBAL BATTERY ARMS RACE: 200 GIGAFACTORIES; CHINA LEADS

The global battery arms race has stepped up a gear in 2021 with Benchmark Mineral Intelligence now tracking 200 super-sized lithium ion battery cell plants in the pipeline to 2030.

Chinese automaker Geely announced plans in March for a new 42 GWh cell base in Ganzhou, Jiangxi Province in China and is officially listed as Benchmark’s 200th entry into our Lithium Ion Battery Megafactory Assessment - a monthly subscription service.

This also brings the total capacity in the pipeline for 2030 to 3.4TWh, which is set to increase from 755 GWh of global capacity in 2020.


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