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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

Post by Freedom2022on Apr 01, 2022 9:52pm
170 Views
Post# 34569334

whatever

whateveri couldnt even make it to the end of that POS,,, Plug and Go numbers?   lol   like i said years ago during the last "upbeat times " in FTs  future " , a consolidation is on the way eventually imo,,, and the dilution for 25 million at .14 c   is ugly even with lip stick, we need a hell of a "Offtake " to pay for even half of the 750 mill , and No  spur road    We shareholders are So ! far away from making any money ,  .50 cents and i can Bail !!   optimistic pesemist No more!     Drinks of a Bagholder tonight !     cheers!                                   ps is it better to sell at a major loss or wait for bankruptcy ?
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