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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 22, 2023 7:36am
82 Views
Post# 35353027

RE:Wtf is wrong with JRV ?

RE:Wtf is wrong with JRV ?

Really true ...have not been following the closely but at a distance, they seemed to have so much going for them and I think they have spent a lot of money 

then there is glut of unethical cobalt 

no serious commitment from endusers on ethical cobalt ? ( I think that is coming in USA) 

the best "macro" today  is in the NA market and I don't think they have a good deposit and seems like lack of focus on USA / NA ? 


the Nico deposit I think would help change their NA stars ( and ours ) ....takes a deal maker and I think they have one... but do we? 


USA dollars are best invested next door in Canadian CM mines. Let's see how J&J frame it, Freeland seems serious the goods are in the ground here they all know it. The USA has the money and the market. 

is it enough to kick us in to gear, who knows lol 

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