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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 ztransforms173on Feb 15, 2024 4:29pm
136 Views
Post# 35882796

RE:RE:RE:RE:Canada to accelerate critical mining.

RE:RE:RE:RE:Canada to accelerate critical mining.
RE:RE:RE:Canada to accelerate critical mining.
 
Say what we will, its been said before .the fact no one knows this deposit and the plan better than RG. When some group is ready to make a move his value will come thru, wish we could say the same for our BOD let alone the vacancies and redundancy in the board.

***

- it is VERY TOUGH to ATTRACT HIGH-QUALITY CANDIDATES to the BODs due to the POOR RISK/REWARD OUTLOOK

- the ONLY HAIL MARY PASS is to OFFER THEM MILLIONS of CHEAP FT OPTIONS {NOW in the 4 CENTS RANGE} since CASH COMPENSATION is OUT OF THE QUESTION

- SOMEBODY in METAL REFINING and PROCESSING would be an IDEAL CANDIDATE

- another MISSING PIECE is a PERSON with a GOOD CAPITAL MARKETS (PROJECT FINANCE EXPERT) background

z173
 
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