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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 29, 2021 8:57am
175 Views
Post# 33935913

RE:RE:RE:More on SK Innovation

RE:RE:RE:More on SK Innovation Reality is that it's a h-LL of a lot easier to solve the cobalt source problem ( all things considered) than the chip problem.

FT is an easy and legit solution.....if someone is serious....again all things considered.

players are spending tens of billions and I just don't see how 700 million ( if it's even that much)  is such a big problem in the scheme of things ... the disconnect in lithium and nickel is being sorted cobalt is the one that's a cliff hanger as to when they make decisions. The right player moves on us and this will not be a 3 or five year program ....money talks, we don't have it but someone does. 
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