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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 Freedom2022on Aug 18, 2022 12:57pm
195 Views
Post# 34905125

end Sept

end Septimo,,, we shouldnt have to wait untill the full term to find out.  Gov support will never be large investment in FT , they will help , but i expect a partner/partners  to step up by the end of Sept deadline. A buyout may occur , but im not counting on it,, When you think about it , there should be a bidding war for Fortune with all the Macro in our faces !    like the need for a Major mine for cobalt needed every 2 years,, cheers.
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