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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 Sep 14, 2023 8:02am
128 Views
Post# 35635448

RE:RE:RE:RE:RE:RE:RE:Interesting read

RE:RE:RE:RE:RE:RE:RE:Interesting read Just a point.....when ever I feel down on my FT ....I just go to look at some of the other plays like JRV and ELBM .....and reminds me we are not alone in our depressed state of affairs......the bonus I see is that we actually have a deposit of CMs and gold and ready to go and seems the glove fits for us better than most .....somehow I see light thru all this.
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