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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 Allmanon Apr 02, 2022 7:41am
86 Views
Post# 34569680

RE:RE:RE:Shark Tank

RE:RE:RE:Shark TankOn a trip down the rabbit hole, I came across a recent press release that Shalina Resources, which are based in Dubai, recently concluded a financing deal with Trafigura. On the home page of Trafigura re about us, it says - 
We source, store, blend and deliver physical commodities reliably, efficiently and responsibly anywhere in the world. We add value to the global trade in natural resources with exceptional service and performance across the supply chain. We strengthen market links between producers and end-users and supply our customers with the commodities they require when and where they need them.

All wishful thinking and sheer speculation, but you never know.

https://www.trafigura.com/about-us/what-we-do/

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