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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 20, 2022 4:58pm
105 Views
Post# 34618057

RE:Future

RE:Future

Yes more needed.... the news of the budget was good for us...and we squeezed in a NR of our own from that ... the long awaited drill results look to have been draging on a bit ( not a fact but seemed like a long analysis) now we await news of possible funding of some sort to help with a FS and a land purchase ( who knows what else) all of these are news items pending .... how that all comes out to us will be interesting. 

the last two NR had Little management comment on FT progress as a whole. 

it's ok to tell us the gov has a plan and we have a bigger deposit but what's the plan to deal with all that!! .... it's not enough ( altho I am thankful for) that we get more info on possibilities regarding financing and the geology from Jim, AM, TTF and GEO ( and many others ) than we do from our own MGT..... something must be brewing here ....the relative silence continues to kill us and while difficult I am sure it's not planned but more of a process and RG needs to step up the game here .... so much going on in the CM BM fields to not be talking .... unless hands tied ?? 

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