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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 Jim1712on Dec 01, 2021 2:23pm
159 Views
Post# 34186279

RE:RE:GM and other automakers are scrambling....drum roll

RE:RE:GM and other automakers are scrambling....drum roll

Fortune (RG) has an excellent relationship with Posco.  Posco was the partner that stepped up to partner in the MT Klappan coal project.  Robin had many meetings in South Korea and site visits with them in BC .   

Pretty sure they were introduced by the South Korean Gov't.  That's a big deal.   One has to earn the respect of the Gov't there before they are allowed to deal with their country's companies.  

Look way back on my previous posts and you will see I predicated that partnership.   

Interest is soaring in Fortune's minerals .   I suspect a strategic partnership within the first quarter of 2022.  

Don't count Posco or LG out , along with a car company .   Just  MHO   !  


Jim  

 

 

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