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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 sirfartaloton Jan 22, 2022 7:45am
116 Views
Post# 34346231

RE:Access Road - Yikes

RE:Access Road - YikesAll in my humble opinion:

Large company, financier, penny flipper ?  You're persistent.  One might wonder why ?

You can tell your boss my shares are for sale at fair value, not fantasy values.
Ounces in the ground as a resource, plus project development sweetener/kicker, plus Sue Diane satellite deposit.
Hypothetically, if management chooses to be creative and reward shareholders with a royalty share, all the better for shareholders.
I'm not expecting, nor wanting them to manage / run the project. For me, personally, they demonstrated their ability/capability with the silver mine project.
I'd like to see all shareholders made whole, and even make some money.
I'm sure others on the board may have differing views.
Some may want something for little or nothing. Go figure eh.
Time will tell.  We wait and see.




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