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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 Marketbeaton Dec 01, 2022 9:32am
148 Views
Post# 35142578

RE:RE:RE:RE:News on debt is out.

RE:RE:RE:RE:News on debt is out. sorry- Im bullish on FT- my comments are more general in nature that we have to temper expectations. This market sucks...no capital bank is really 'lending' in a general sense...restrictive rates will do that. 

The debt being settled is amazing and I do agree. But I am wishing for (selfishly) government money. 

There has to be a reason we have survived this long...I  believe in the narrative...but why isn't anything happening is what I am saying
 
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