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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

Post by reddog11on May 18, 2021 11:00am
189 Views
Post# 33221789

NICO

NICOI know I may be slammed but its an open forum and I have been here a long time as well as many.
With current management this mine will never be built. Its so obvo=ious by now. They are completely out of reality dreaming for a 750 million package. It simply will not happen.

Build the road mine the metals and sell to someone else. We do not need our own facility. The reward of refining ourself will never make up for the loss of never mining anything at all.

Become realistic and mine the metal or sell the mine. Anything else will drive this company to complete ruin as formation found out.

jmo, now let me have the RATH.

RD
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