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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 AbuBabaon Aug 11, 2023 6:20pm
153 Views
Post# 35584762

RE:RE:RE:RE:RE:RE:How chilly relations are playing out for Canada’s miners

RE:RE:RE:RE:RE:RE:How chilly relations are playing out for Canada’s minersI did not. There is barely any volume in these shares as anyone can easily verify. A chatroom is obviously not the place for mordancy. The point remains that this stock is not doing well yet, with so little corporate communication, we shareholders are left to our own devices and consolation. Posts about potential applications of bismuth, etc., that are common here seem extraneous when, to take just one example, we are still waiting on an updated feasibility study that was indicated as imminent years ago.  
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