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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 Unfortunateon Apr 01, 2022 5:11pm
96 Views
Post# 34568779

RE:Goad speaks

RE:Goad speaks
Every single person who auditions and succeeds on getting on Shark Tank has a more professional looking presentation than this video. That video looks a joke project. How can anyone expect any credibilty from these people? I thought my opinion of management had reached its nadir but this is unbelievable. Another year another year away from a rehash of a feasability study. Another year another set of delusional plans, all the while Goad cashes his $300,000+ salary. For all the millions he's been payed, we deserve far greater returns on company valuation and actual concrete results. The lack of accountability and oversight with this company is breathtaking.

If Goad remains as CEO nothing will ever happen with NICO. If he is a man of integrity and genuinely cared about doing right by the shareholders, he'd either sell the assets outright and shut down the company, or get in a new CEO whose education and experience are from this century and has their compensation tied to results.   
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