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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 Jul 15, 2023 8:41am
118 Views
Post# 35542427

RE:Oh Canada!

RE:Oh Canada!Weak ....and gutless - agreed ....a deposit like this in Europe, in the circumstances that the world is in, would have, long ago been developed.

even today with the level of readiness that we are at should not be difficult to see that we could move up that Lassonde curve very quickly...in mining terms given our advanced planning, coupled with national and NA goals, could be overnight ..flip of a switch .....but yet we sit and wait.

a bit of gov support would draw huge attention and maybe draw in some big battery metals companies but all we have is talk.

as our dreams of success lay in wait,  and Robin's near life long legacy project struggles, coupled with the fact we are tapped out financially, we are left to think we are not much more than a cheap takeover target ....for peanuts .....much revolving around a small amount of financial support that could change our stars ...so yeah weak and spineless political and gov support is a factor . Let's hope that changes and soon ...we wait..


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