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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 24, 2022 7:37am
103 Views
Post# 34703033

RE:Haywood Securities Research

RE:Haywood Securities Research

The only thing I see that is concrete in this recent announcement with Haywood is admission and acknowledgment that RG cannot do it alone  and is a relief for some of us that he has brought others in to help in a way that works for us and I am sure they know it will work for them. we will see soon enough what Haywood brings to the table and really have little choice, what we have been doing has not worked. 

it's clear, more recently, there are a miriade of financial sources and potential partnerships , some engaged, others to come but unlikely it's one source. It's my hope they can bring them all together to map out a program to get us over some humps and move forward.

with everything thing going on, on so many fronts, having another set of eyes on the target will help us. 

In order to get concrete you have to mix it, we are in the mixing stage and will have to wait what comes down the Shute. FT has all the ingredients.....including gold. 


 

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