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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 redon May 15, 2024 8:54am
122 Views
Post# 36040710

Benchmark likes it ….

Benchmark likes it ….

so it seems......but as industry starts to graple with what is to come this can do no harm to us and we should be soon finding out if those board rooms that know about us, start to deal with us in a constructive way. We are years ahead of so many, we have a NA unique deposit, FN support, some federal money, a major miner we are collaborating with and we have an advanced plan...and now the biggest economy in the world tightening the rules on where CMs come from .....how many more boxes do we have to check 

from BM on upcoming seminar ....

In a huge moment for US economic politics, President Biden has announced a 100% (one hundred percent) tariff on imported Chinese EVs.

  • Critical minerals ( 25% in 2024)
  • Natural graphite ( 25% in 2026)
  • Battery chemicals ( 25% in 2024)
  • Lithium ion battery cells for EVs ( 25% in 2024)
  • Lithium ion battery cells for non EV use ( 25% in 2026)

This new economic attack on China's dominance of the battery supply chain is levels above what the industry has seen before.

 

Those that control the battery supply chain will control the sway of industrial power for the 21st century....

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