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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 Mar 17, 2023 5:30pm
145 Views
Post# 35346120

RE:RE:Gold Sparkles

RE:RE:Gold Sparkles

Thanks geo- I would encourage others to look at the financials as they can be eye opening.

I've been having a hard time understanding how we are still in the same place after all of these years...

YELLOWKNIFER- spot on- maybe we let someone else run the ship - it seems like we are nearing the end of the line anyways. 

How will he do a private placement? Who will give more money when the song and dance is over played?

Im not trying to say goad has it easy. I'm sure he has a lot of challenges. But I do fondly recall hearing prior to the road being completed, that was our biggest hurdle. Well that's come and gone and we have done nothing material to advance the project. 


no refinery, no money, no partner. 


I'm only one shareholder and a small one relative to the big swingers out there- but I do hold a lot of stock in this dog... 

frustration is a word that would have resonated with me 2 years ago. Now it's just insanity to think they will move this forward. If goad wants my confidence back- he should trade his salary for stock- then shareholders and ceo would be aligned. All I see from here is one man getting rich and a company going no where. 

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