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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 May 29, 2023 8:21am
125 Views
Post# 35468439

RE:CDN best interest ?

RE:CDN best interest ?This type of thing should be expected as the aussies buy billions in nuclear subs etc ...t-t for tat

if the USA can make this kinda thousands of miles away deal I think it's pretty safe to say they will be more involved right next door in Canada, along with their own kown and unknown deposits ...that seed has been planted. 

speaking of next door ....who has a ready to go with a NA deposit? ...soup to nuts so to speak? Ethically mined and processed siting under their noses ....reinforces the thinking that we cannot be left out of a bigger program.

FT sits in a "flip of a switch" situation and seems to me at the rate things are going with EVs and related battery production to come, the, again recent focus on Litium coupled with a current glut supply Cobalt, we can't be far off on someone's planning.

this global cobalt supply sitting in warehouses etc ( most of it sure to be unethical) is not going to last long....those that need it must see this as an issue coming and we at FT are part of the solution.
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