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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 Aug 12, 2021 9:58am
114 Views
Post# 33691071

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Goad

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Goad

True.... difference  is cobalt and BMs have never been in the projected space they are now not to mention politics etc etc etc 

the disconnect must come to an end ..... the processing issue that all NA cobalts face is an obstacle faced by all and hopefully we can contribute to the solution with a comprehensive NA built plan. 

based on what I have seen in last couple of years don't underestimate RG given what's happening out there ....  if a processor is serious we will not be overlooked as they would be nuts to not tap into our gold and the future cobalt/ Bismuth demand .... FT fits the bill let's see if they walk the talk. I have great hopes someone sees the light .... RG can lead them to water but can't make them drink it. 

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