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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 Mar 10, 2023 12:46pm
78 Views
Post# 35330998

RE:RE:RE:RE:RE:Interesting Interview

RE:RE:RE:RE:RE:Interesting Interview

Like wise on the respectability point. 

and a reminder that I am the amateur investor but nonetheless, I wonder what may be coupled / associated with 5000.00 gold? Devalued USD, hyperinflation? Soaring interest rates etc 

It would not bother me if we were actually doing something now and before the Sh-- hits the fan on that front 

To the best of my knowledge, we are not a gold play and we won't be one with 1.1 mil oz. What we have been promoting is the gold is the bonus to the potential partnership of the CM project that we are and need to focus on that. 

Those with the money should see as you have pointed out as a potential but I doubt they are reading this BB, so what is their hang up ? What's our message and who is getting it out there ? Are we changing ? 

Jim's post is encouraging - best we have seen in years for the CM play that we are ! 

 

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