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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 9:28am
101 Views
Post# 33371264

RE:RE:RE:RE:RE:RE:Drilling

RE:RE:RE:RE:RE:RE:DrillingYour raising good points 

"If the ev revolution continues" do you think or have some induction that EVs and especially Batteries ( not to forget mass storage systems) are not the way of the future? Seems to me that writing is all over the wall.....hence the well reported concern of the supply issues of Cobalt as early as 2025.

inflation and deflation cause and effect seem to me to be a moving target and is all over the place in terms of opinions that I read. From my limited perspective and knowledge, find it very difficult to get a handle on it. What I do think is that when one looks at history and tries to rationalize some kind of trend, in most cases, as things go today, end up in the garbage ......seems to me and not just about Cobalt and FT future, we are in uncharted waters on almost every front I look. 
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