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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 MelodicHysteriaon Sep 25, 2022 3:36pm
226 Views
Post# 34985259

Just in general

Just in generalI have noticed some concern with the stock continuing to slowly drop and while it could be warranted -- -this was the TSX market on Friday

User image
https://i.redd.it/5cjruboza1q91.png

There is going to be a lot of short term turbulance as the market goes through "gut fears". Stick with what we know for both the pros and cons and patiently await to see what FT has planned for the near future

Good luck to longs and traders alike, it gonna be a cold winter. 


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