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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 sirfartaloton May 02, 2022 6:46pm
125 Views
Post# 34649420

RE:RE:Fortune Minerals Limited Short Interest Down 26.2% in April

RE:RE:Fortune Minerals Limited Short Interest Down 26.2% in April
All in my humble opinion:

The current share price does not make any sense to me, however, that (my humble opinion), and a buck fifty will get you a coffee ... ummm maybe not, due to inflation.  Good thing fortune has gold too.

Good luck to all longs,
Glad I am not short,

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