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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 Jun 11, 2021 8:47am
90 Views
Post# 33370998

RE:RE:RE:RE:RE:Drilling

RE:RE:RE:RE:RE:Drilling

Good reasoning to that comment. If there is anything that our history plays against us it seems to me that another PP or deep pockets and would be a concern and someone would have to ask themselves what the heck are they doing if this looking to be going status quo. I like to believe we are beyond that.

pretty sure street level investors will not participate in a PP, we have not been in the news enough 

if Robin has convinced someone or group that he is on cusp of a deal it may be enough for deep pocket types to add to thier risk position? There could be a positive in that. 

RD's point and while another humble opinion, just like mine and others, has to be considered, we don't have a lot to work with, we are working off of our wishfull thinking based on a lot of things going on around cobalts and of course company history is also big in most our minds.. 

on a scale of things I am 55/45 that something good comes out before or at AGM and as of today is down from my 65/35 thinking.....silence is killing us.

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