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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 sirfartaloton Aug 24, 2021 10:01am
104 Views
Post# 33754229

RE:RE:RE:RE:RE:RE:RE:Say what.

RE:RE:RE:RE:RE:RE:RE:Say what.
@Red,

You may have missed my subtle point.
What would lead you to believe they would not be affected by the current embargo or any future embargos ?
(Don't get me wrong, I am cheering for the long time shareholders. They need a win.  Management has been getting paid all these years?)


Really? Think about it - YES, I HAVE BEEN THINKING ABOUT IT

Cuba Products cannot be sold in USA  - AGREED

Nico ( Canadian) products could be sold in USA  - POTENTIALLY YES.

We make a presentation to the US embassy because we want exposure to USA end users - AGREED

S has facilities = fastest best way to get us to a sellable product  - MAYBE. IS THERE MORE THAN ONE FACILITY ?

makes perfect sense and and like I said, is a possibility to me - TO BE DETERMINED.
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