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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 Unlurkeron Sep 22, 2022 11:33am
134 Views
Post# 34979108

RE:RE:RE:Your not in juniors …..

RE:RE:RE:Your not in juniors …..
I feel your pain. This thing has dragged out long enough, it's well past time for something good to happen.
 
And I think you may be confusing the shares with dollar amount.. Haywood actually got around 450k shares with a current value of $50k. 
 
Also the folks that extended the debentures got a gift of 350k shares for their kindness.
 
It only makes sense that all parties involved, the people that actually know what's going on behind the scenes, see value in the future of these shares. Let's hope that future isn't too far away.
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