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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 07, 2022 8:11am
124 Views
Post# 34736331

RE:hit the snooze bar :)

RE:hit the snooze bar :)

All I can think to say is that whatever change is in that update ...it's gonna be something Haywood has approved and that they are comfortable hanging thier hats on and if it means changing the narrative of the IOCG then so be it .....remember it's was the feds ( geological survey of Canada)  who framed that back in the day and FT has ridden that horse. I doubt Haywood is selling this horse based on IOCG but is focused on the BM CM component and hanging the IOGC as a carrot that it is and as stated by the feds.

I am surprised to not see a new line in the update that says " this report has been approved by Haywood" the reality is that it was. 

we are going into PDAC next week. Pre PDAC news would be nice and maybe it comes yet....FT needs to do something to generate more interest....I don't think that haywood be in this, in these times, unless they felt they could move the mountain.

looking forward to an interesting pre game show....it's only Tuesday lol 

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