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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 May 27, 2021 8:34am
79 Views
Post# 33274212

RE:RE:RE:RE:RE:Come on Robin - Lets get it rolling!

RE:RE:RE:RE:RE:Come on Robin - Lets get it rolling!

I would agree with AE and you if what we have witnessed in the last couple of years with electrification, battery metals and Cobalt has not unfolded as fast as it has and in the way it has.

We are clearly in uncharted waters and never been in this space. While predicted some time ago, the global transformation has reared its head and is going exponential in some areas and there is no good reason to expect that will change .....none ...zip ....it's happening.

it's like a new day for this company and it's opportunities. Mistakes and history in our situation today means nothing to me it's all new and forward looking. If experience means anything and Einstein will tell you it does mean a lot.....no one has more experience with this deposit that Goad, faced with what's going on in NA and the world, it's my opinion it's as good as it gets, for the immediate future, for someone to make the case for the project.

Could we have some more current relevant experience on our board, yes I think so....in fact I think we need it and we need it soon. Younger better ideas in tune with electric transformation etc etc 

an unrelated example ....I spend 52.30 to try to sell some stuff at home by advertising two weeks no action .....and I am complaining at the dinner table ....my son puts it on face book something or other and it's sold in 3 hours.....I pay him well ( 100.00 an hour for his efforts s) he is happy as I am .....now all he does is ask me what else we want to get rid of....

somewhat moral of the story is that most of us here probably have no good idea of the potential out there and could be similar to our board and some management. FT has a sellable component be it the resource or the final "processed" product or both .....our approach needs to be tweaked with new ideas and new people.....clean out the BOD house. 

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