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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 > com of future
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Comment by Tuckerthefoxon May 10, 2021 3:44pm
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Post# 33166870

RE:RE:com of future

RE:RE:com of futureWhat's to stop FT from selling more shares to bring in some cash. I know diluting our share value, but could be used to keep us a float for as long as needed. i.e. when the cars are being built and the demand takes off. We are in the early stages. Battery plants are being built, more EV being sold everyday. I think the longer they hold out the more valuable we will be. IMO

Fox
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