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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 Marketbeaton May 01, 2021 9:00am
107 Views
Post# 33107941

RE:RE:updated F/S

RE:RE:updated F/S

Very well said Red. 


one could fault goad and company for many things. But we need to remember they are a jr. I find myself forgetting that. 


then, like a rational human being I remember. If it's that easy why doesn't everyone else do it. 

this was never going anywhere without the road. My opinion of course. We now have that. Before it was at best salvage value if we had a deal. Now we could be looking at getting into production, or at the very least if there is an acquisition we will get valued more favourably then before. 


Trust me, on paper, all I've seen is red. It's been painful. But now, I actually see a path forward, my opinion of course. We just really really need news on the refinery. How we haven't found out by now is annoying, but again- we will never know until we know lol. So, until we get an NR, all this is just speculation. 


I emplor people to do their own due diligence. Once you have, you find you will stop posting about bs, and start posting about value add things... 

imho. GLTA. Get the jab people lol this covid is no joke. 
 

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