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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 NJ1985on Feb 22, 2023 1:29pm
89 Views
Post# 35298780

RE:BHP ready to plant more flags in 'highly desirable' Canada

RE:BHP ready to plant more flags in 'highly desirable' Canadaprobably not- how could any company be interested in RG and NICO. 

All the speculation on this board is laughable- just look at their new releases- nothing indicates they are on any type of track. 

I think they announced the refiery over 1 year ago- still havn't closed on it. 

I pulled up an interview from crux investor- matt is the host (i think). The interview was well done- questions were revelant and timely. When I look at fortune minerals 3 years ago compared to today- not much has changed. I eached out to matt and asked if they would do another interview with RG- he stated simply- the company declined to take another meeting- what are you hiding RG? 

Nothing of substance anyways- nothing to return anything to bleeding shareholders. 

Instead RG and the troop makes their salaries without moving this project forward. 

I think its time for a new CEO. RG can't move it forward- maybe someone else can if NICO is as valuable as they say. 


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