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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 30, 2022 4:25pm
219 Views
Post# 34998484

CEO'S BRUTAL INCOMPETENCE!!

CEO'S BRUTAL INCOMPETENCE!!Goad had a lot of company.

The BOD, Procon, POSCO, Lascaux and the malignant miscues provided by Star Mines.

Lascaux is now out 60 million. They could have seized and sold NICO and still had a silver mine, albeit a worthless one.

Arctos was off loaded 2 months before the Lascaux loan default in 2015, but Lascaux let that pass.

Anybody who believes this is part of the real world needs to get off their SSRI's.


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Dealroom for high-potential pre-IPO opportunities