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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

Post by parahyangamon Jul 12, 2023 8:32pm
224 Views
Post# 35538432

IS EVERYONE OK?

IS EVERYONE OK?NO.

75.5 million shares ( less17 million) were handed to parties unkown for one
F*ing cent.

There better be good explanation for this Krap.

How about a little forensics on LRC? Who are these clowns?

How much of the 200 million POSCO put up for Arctos was actually spent and what were the BC government guarantees?

How does a publicly traded company get away with handing out 1 cent shares with 500 billion in assets and 300 million invested?


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