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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 > Fortunate Titanic - November 30th Iceberg?
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Post by MoneyMan123456on Nov 29, 2022 8:26am
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Post# 35136026

Fortunate Titanic - November 30th Iceberg?

Fortunate Titanic - November 30th Iceberg?The great ship Fortune appears to be dodging icebergs, with a massive one right in its path.  

Luckily, as in titanic, we have a dedicated group of  StockHouse musicians on deck playing a nice tune as the ship sinks.  Picture the scene where the classical musicians are playing while everyone around them panics.  Lol, by tune I mean discussions of "macro" and "waiting" and "gold".

6 times average 30 day trading volume yesterday.  Wonder who is dumping shares?  Interesting to see what today brings for trading volume and SP walkdown.

Does bankrupcty usually happen the day before or the day of when a debt comes due, asking for a friend :)
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