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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 Unfortunateon Jun 24, 2021 10:10am
169 Views
Post# 33440917

RE:RE:RE:RE:Refinery Again

RE:RE:RE:RE:Refinery Again
They can promote themselves however they like but the reality is our market cap doesn't reflect those promotions. Meaning no one else is buying these dreams. Einstein is purported to have said: "The definition of insanity is doing the same thing over and over again and expecting a different result." It's long past time to change approach and take a more realistic plan of action, but I guess it's easy to keep the status quo when you draw a salary regardless of performance
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