Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 May 07, 2024 1:16pm
101 Views
Post# 36027115

RE:RE:Bismuth – An environmentally friendly Critical Mineral

RE:RE:Bismuth – An environmentally friendly Critical Mineral
 
RE:Bismuth – An environmentally friendly Critical Mineral
 
......"Fortune is also aware of other potential feed sources that could be processed at the Alberta refinery to augment metal production." 

Leads one to ask ...who what where and when .....and why are we not talking about them and are we talking to them ? Who knows ? 

***

- EVEN IF we are NOT TALKING (but I 'believe' that we have ?), we CERTAINLY HAVE a GOOD IDEA WHO THEY ARE and they will COME WHEN WE BUILT IT

- the WHOLE ECONOMIC RATIONALE is to BUILD a SIZEABLE metal refinery {LARGER than required for our OWN NEEDS} in ORDER to BUILD SCALE and COMPRESS the RUNNING OPERATING COSTS as MUCH as possible WITHOUT EXPLODING the PROJECT CAPEX BUDGET

- a SUCCESSFUL AGREEMENT with Rio Tinto TO SHARE the METAL REFINING and PROCESSING FACILITY ENABLES FT to LOWER the PER UNIT OPERATING COSTS and LEVERAGES and EXPANDS the FINANCING UNIVERSE including Rio Tinto themselves

* hence the VITAL IMPORTANCE of the SGS test results INCLUDING the WASTE ORE (which CONTAINS bismuth IN IT) from Rio Tinto 

z173
 
RE:Bismuth – An environmentally friendly Critical Mineral
......"Fortune is also aware of other potential feed sources that could be processed at the Alberta refinery to augment metal production." 

Leads one to ask ...who what where and when .....and why are we not talking about them and are we talking to them ? Who knows ? 
<< Previous
Bullboard Posts
Next >>