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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 Mar 17, 2022 10:50am
87 Views
Post# 34521831

RE:RE:RE:Canada’s Critical Minerals Opportunity

RE:RE:RE:Canada’s Critical Minerals Opportunity

So true Mr Jim, it's also brutal, in light of all that's going on, to sit back waiting for some level of update from our management .... who, with such information, may generate some investor interest and would facilitate / contribute to getting that market cap to some realistic level.

with $130 million invested on a $ 4.5 billion valued deposit containing what Canada and the world needs and is ready to go, speaks volumes to the investor apathy. 

we are undervalued and not attracting newbies with the hope that this can become something for them at these prices.

we have positions on our board and need some new blood in there as well. 

Carl is gone, I am having a rough time with what DR brings to the table .....procon no longer an insider ... shake up needed ? New name ? I don't care but please get something positive going. 

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