Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jun 08, 2021 8:46am
67 Views
Post# 33346503

RE:RE:Not a know it all,, but

RE:RE:Not a know it all,, butYo....I am not aware of a primary cobalt mine in the Yukon and if there is one it's  a long ways away from any kind of development permit.

there are plenty of multinationals and others who have been clear in the media about battery metals and moving into that space .....do we look good enough to them ? We are a step or two from a processing solution....so It's a big question that remains to be answered about who and at what level they are prepared to move.

when you have the Rio Tintos, Newmonts and Washington group type of companies happily and profitably operating here it remains an opportunity for the big guys. 

Having said that ...you cannot be involved as we are and have been for so long to not have pessimistic thinking, we have near heard it all but FT still has something to offer that few others do.
<< Previous
Bullboard Posts
Next >>