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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 Freedom2022on Dec 10, 2023 12:43pm
242 Views
Post# 35776887

best chance?

best chance?Im just concerned that even with good news and results on the ground , the share price never recovers like we think it will,, many sucessful jr Co s have close to production or producing in there own CM related industry, yet there share price never really goes up much. Eg Royal Helium going down , its prodicing now yet No share price increase even though Helium is scarce and a CM, as well as Electra out east , its share price is steadly dropping,, i guess the only way we can go is up!  due to our bottom price, im not sure .25 cents is even doable in this weak CM market,, imo,a Buyout is my best chance , partnership im not so sure, how do We pay our share to be a partner?   cheers! 
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