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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 Aug 25, 2022 7:59am
112 Views
Post# 34919159

RE:Part that is glazed over

RE:Part that is glazed over

It's my hope that those that missed the boat on getting in are the ones blind sided lol, can't lose sight of the fact we are the only permited primary Cobalt/ CM mine that I know of in the country, our deposit is a unique deposit with lots of gold and other CM Bismuth and then some electrification metal, copper ..in effect, a C-store of CM/BMs with precious metals and as such looks to be a literal stand out target for development.

it sounds like cheerleading but not sure how else to frame it given all the indicators, it should be a cake wake in this macro environment we are in, the glove fits ..but also like a now or never situation and just not seeing the never side on this one in this time.

anything is possible and what makes this play at this time so intriguing....boom or bust ? I guess we see soon enough.

will be a different situation if FT is ever in a position to speak about those that are at the table, so much  as a tweet from an Elon or similar would be all it takes to bing FT to a new space ( no pun intended) the FT story is on the cusp of Canadian mining greatness, ready to go and first out of the gate that our governments are flapping at the jaw about at every level home and abroad. 

a company rife with controversial historical issues but now in a space never before seen, with all the right ingredients, so all that is history is exactly that...history ...each day it seems is a new day so to speak, our time, it seems, has finally come.

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