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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 May 06, 2024 9:14am
132 Views
Post# 36024625

RE:RE:RE:RE:Final rules on IRA clean vehicle provisions issued

RE:RE:RE:RE:Final rules on IRA clean vehicle provisions issued

I don't know how many are laughing about May 15, it seemed odd to creat a specific date and pretty sure it's not based on any gov funding as no one will be able to get a hard and fast commitment ( date ) on that and would be remarkable if RG could. So what is it about May 15, that will be significant to us? 

I don't think one can start or legitimately do a FS study on optioned property? ( altho FS studies do make some presumptions ) What possible use would the owners have or possibly want to do on that site , that they could not be doing already, while FT finalizing the acquisition .....as far as we know the site and facilities have been in a mothball state for years, with some buildings a bit delapidated.....so the issues revolvoving around may 15 are a mystery.

FT needs a hard and fast plan on that site to advance ....where is the good news guy ....somebody knows something ....we wait.

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