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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 sirfartaloton Nov 04, 2022 11:04pm
181 Views
Post# 35075316

RE:debt

RE:debtAll in my humble opinion:

@elitespinner

No, not worried at all. 
Of course, as always, do your own due diligence.  Personally, I'd be more worried about not having a few shares than having a few shares, as a deal could happen anytime in theory.  Cannot win, if you do not play so to speak.

Regardless, a few months ago, Wally invited me to go fishing this winter off Iceland, and that's when the reel money comes in ;)   Rumour has it he's squeamish baiting his own hook. 

Good luck to all longs,
We wait ...



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