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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd
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Post by parahyangamon Sep 29, 2022 10:48am
190 Views
Post# 34994782

CLOWN CAR

CLOWN CARPOSCO owns 50% of Arctos. Arctos has an inground value of 500 BBillion.

FIVE HUNDRED BILLION is ONE HUNDRED times the inground value of NICO.

Forget the BullSh*t Tahltan smoke screen. They are as greedy as the rest of us.

Would POSCO consider making an offer for the 50% of Arctos they did do not own. Is this a good time? How much would that be worth?

Or does POSCO just wait on the sidelines and try to steal it when the opportunity arrives?




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Dealroom for high-potential pre-IPO opportunities