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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 May 17, 2022 12:02pm
104 Views
Post# 34689392

RE:50/50

RE:50/50I do agree we have to move forward and i we agree, that we are doing that now and has to be the focus as we move ahead.

I am not suggesting armatures at HQ - we don’t know what was on RGs plate and his rationale in dealing with them but i can only think that we were going down a road that unfortunately came to a dead end with one or several existing NDAs?  - ( none of us know that for sure) - but also, no doubt in my mind, with last releases and project brief that there must be plenty more new NDAs given the number of "engaged" parties noted.  Robin cannot do it all and maybe that realisation has hit home - we will be better for it.  

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