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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 15, 2022 8:01am
77 Views
Post# 34757402

RE:Canada’s critical minerals strategy: Discussion paper

RE:Canada’s critical minerals strategy: Discussion paper

No matter how you read this gov of Canada strategy it's seems to have FT / Nico written all over it, we are not the only ones who see this. Haywood and FT have lots to work with in developing a finance strategy coupled with some industry and FN partner objectives. It's a matter of haywood spelling out how all this $$ can be taped into. 

All the right questions are being asked in this strategy paper and looks to me like FT can answer most if not all based on what we know today let alone what's to come with indigenous involvement and an ESG that is yet to be fully developed... but as we understand the Tlicho are on board with development and is in part why we have the new $ 200 mil Tlicho hiway.....as it is the Feds are already invested in this and that's why they helped fund that hiway. 

in all likelihood the AB government will be able to fast track our process facilities at our new Brownfeild site taking years off a development program.

Clearly FT is advanced and way ahead of others in a market environment that just seems to get better every day.....what ever "macro" one wants to look at it does seem impossible that we are left out.

Obviously FT today is not what it was over the 15 or 20 years ( except for when it was 6.00 lol), the demand market is not what it was either and so much more positive...in fact nothing is what it was .I can hardly wait for the tens of thousands of street investors come to understand what we are on the cusp of when the word finally gets out to them that "lil ole" FT may see its glory days again. We can't be far off ...clearly the potential is there....we wait...

based on the photo ops, at PDAC, that our premier and ministers are taking with FT, they are there to support us and others. It helps that there is a narrative at PDAC about CMs and BMs and is an area we will be front and centre ...let's hope the exposure helps us. 

if anyone out there is at PDAC would be grea5 to hear your thoughts. 

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