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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > fall / maybe
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Comment by Jim1712on Jan 19, 2022 6:37am
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Post# 34331640

RE:RE:RE:RE:fall / maybe

RE:RE:RE:RE:fall / maybe

All possibilities moneyguy.  

The realities are , China controls the worlds supply of cobalt and bismuth.  The USA and the rest of the world have just come to realize they need a safe and transparent supply NOT controlled by the Chinese Army.  

Never underestimate the will and power of the USA to get what they want at all costs. 

good luck with your future forecasting. 

A refinery will be built, followed by construction of the Nico mine.   ( many said the Tlicho all season road would never be built ) 

And yes all of this will happen in Canada.   

Jim 

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