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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

Post by redon May 18, 2022 8:02am
127 Views
Post# 34691601

Haywood….

Haywood….

investment of time and effort is interesting ....they obviously see potential and I doubt they will settle on doubling thier money ( time and effort )  ....would be nice to be a fly on the wall in thier board room, new blood on new approach is gonna be interesting and could be a game changer for FT, is how I am looking at this. 

the raft of financial sources that has developed in the last year ( especially with Gov and FN funding programs / options, let alone one or several private partners) requires a level of expertise ....I think we have that in Haywood.

lunch bucket analysis? Hold 

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