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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 21, 2022 1:22pm
222 Views
Post# 34910063

apprehension ?

apprehension ?Ya im .26 cents,, thanks for the input Jim,, imo, the fact Nico is on Native lands , maybe FT is kept in the final deal, for relations with Tlicho , so a buyout looks like option 3 lol   The cobalt belt in ontario has land right issues , We do Not, N America needs Nico in spite of its logistic issues, and the Refinary is the real deal maker imo, with recycling being a huge buzz word , Alberta is wanting this kind of project,, i sell or buy on my own decision making ,,, nibble nibble ,, lol  cheers!
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