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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 > Robin was right
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Comment by sirfartaloton Mar 31, 2022 7:02pm
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Post# 34565025

RE:RE:RE:RE:Robin was right

RE:RE:RE:RE:Robin was right
All in my humble opinion:

Glimmer of hope ?

Higher the share price the better, especially for the long time shareholders who may still be under water even at $2.

A nice buyout may be best, rather than continue to dilute ?

Good luck to all longs,
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Dealroom for high-potential pre-IPO opportunities