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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 Tuckerthefoxon May 18, 2021 11:17am
98 Views
Post# 33221915

RE:NICO

RE:NICOOr  leasing it for 30% of the profit. I suspect someone else will be running the operation. Red and Jim are right, this is the best time to own this stock. Bitter, negative comments from those that have been burnt will not help this company and our share price move forward. I look at these boards before I buy a stock. Reading many posts here would turn me off. 

A share holder since 2007

Tuck
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