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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

Post by Lottenon Nov 17, 2021 2:49am
442 Views
Post# 34134872

Warrants

Warrants
When a person exercise warrants he or she probably wants to sell the shares in the common market afterwards. Or the warrants is close to an expiry date, and the person think it will be a good deal for the future.

I wonder what Mr. Mcvey is thinking.

Next expiry date on warrants in Fortune Minerals is on the 18. November this year. (from the sedar report the way I read it)

Will we see more exercises of warrants soon?

Just some speculations from my brain. :-)
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