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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 redon Nov 26, 2022 7:55am
109 Views
Post# 35130042

RE:RE:RE:S.Korea, Canada to sign agreement on supply chains

RE:RE:RE:S.Korea, Canada to sign agreement on supply chains

Thats true, Many or some since expired ....outside of any new recent ones ...also as we read in the past some could be back at the table given the increased "macro" around Coblat and FT over the last two years ....least of which could be the Koreans in some form or another. 

RG and board have to be busy and are probably looking at more than just project financing ....somebody wants FTs resource ....and it has to be IMO, how they get it could be a complicated set of affairs.

do we build it on our own? I have my doubts, but not impossible.
do we partner ...very possible and what is our involvement? And is complicated.
do we sell it .... seems to me very possible and probably easiest.

then of course there is....does someone take it from us? .... end of November is upon us ....what are we doing ? 

the mystery continues...we wait. 

 

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