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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > Fed money wave?
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Comment by parahyangamon May 02, 2023 11:02am
177 Views
Post# 35425065

RE:RE:RE:RE:Fed money wave?

RE:RE:RE:RE:Fed money wave?Testy?  WHY?

These guys have a 500 billion Anthracite depsosit with hundreds of millions invested. Rail and export terminal in place. 

They put this world's largest high quality, highly desirable clean coal asset up for collateral for a 35 million dollar loan to a sketchy outfit called LRC.

When FT's loan defaulted LRC mysteriously never took possession of the coal. 

Who is orchestrating this gong show?

And

just in case you remain anxious for trading to resume, there is Dec 2023 debenture waiting to hammer the SP to nothing.




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