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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 Sep 09, 2021 10:38am
138 Views
Post# 33830916

RE:Fossil Fuel Article

RE:Fossil Fuel ArticleIt's another of those writing on the wall moments especially  for Middle East oil rich countries  .... however could we be so lucky to have some solid Saudi investment in mining here and build the darn processing plant in Saudi Arabia .... at the rate we are going here might be a worthwhile trip for RG. 

I recall that the king of Saudi Arabia told his princes and other arab leaders that they best get on board of diversification and pointed out that in all the Mercedes in The Middle East ..." we don't even manufacture a screw" he nailed it then and still no progress.

here in Canada we know what's coming and what are we doing with all that we have ? We are destined to just as bad if we maintain this lacklustre approach.

FCC is eminent.... RG needs to make a deal so that FT can compliment the supply chain. 


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