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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 Apr 12, 2022 10:26am
81 Views
Post# 34596694

RE:RE:Fortune Minerals Welcomes Canada's C$3.8 Billion CM Strategy

RE:RE:Fortune Minerals Welcomes Canada's C$3.8 Billion CM Strategy

Looks like our anchor is some how tied to the bottom of the boat and is inaccessible to us and anyone at FT and for the most part is out of our control as we wait for others to make decisions..... in fact if we could get down there it could be that there are several anchors. 

let's accept that the budget is good for us as a whole and for all in this CM BM space and how other view that is a big question mark. I am not seeing a lot of movement on other cobalts I follow.

FT NR is looking like not attracting new investors but is certainly keeping us longs in an anticipation mode as to what comes up from the deep.

Could it be the preamble to the next NR with some actual good company news or will it be coupled with more concrete to hold us down.

my hope it lightens the load 

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