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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > Drilling
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Comment by reddog11on Jun 11, 2021 2:19pm
106 Views
Post# 33373327

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

RE:RE:RE:RE:RE:RE:RE:DrillingHi Red,

I think the EV revolution is definetly going to contiune . Sorry for the confusion. It seems there
is a chance at some point of a major equity correction which would take the winds out of the EV market for a bit. Ohance of this with all the mortgage / rent deffermnets going to end as well as the extra unemployment $.

However, IF thre is more money thrown at the problem, defferment / unemployment extensions for years to come then we stay on track commodiites / cobalt rises and we get bought. Either way we will get bought but inflation will have us bought sooner.

jmo
RD



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