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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 Jun 06, 2022 7:48am
136 Views
Post# 34733335

RE:14 Best Cobalt Stocks To Buy in June 2022

RE:14 Best Cobalt Stocks To Buy in June 2022

Nice ...Haywood at work already ?? lol 

In consideration of where batteries are going, for those that missed litium and nickel that may be asking what could be next....further, add home grown policies of governments in Can and USA are helping to advance the cause of NA Cobalt, given FT/ Nico's advanced stage and permitting, hard to imagine being left out. On the world stage no question of potential volatility in cobalt with DRC being something short of a powder keg let alone the ESG issues. 

we will see what kinda artists Haywood employs to help paint the picture that we know is there but FT mgt ( on its own) has not been able to do in the way that it's needed. 

remaining hopeful that something substantial is eminent. 

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