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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 > Technically (if you belive in it)
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Comment by Lottenon Jul 13, 2021 8:02am
189 Views
Post# 33534801

RE:Technically (if you belive in it)

RE:Technically (if you belive in it)
Sadly enough it looks like we are going to knock on the 0,115 door. Hopefully it will stay closed. If the door opens up, I belive we will slip back to the trading range from 2020.

On the other side, buying at 0,115 could be a very good trade.

News could change all this.

Just my own view on the technical.
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