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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 geolithon Jun 12, 2024 4:26pm
170 Views
Post# 36085669

RE:RE:Mining industry confident of carve out on capital gains

RE:RE:Mining industry confident of carve out on capital gains And the Liberals say that this increase in Capital Gains Inclusion will only affect 40,000 or so ultra rich Canadians.  First of all, we're in trouble if that's all we have.  But I suspect that the guy running the local convenience store (a business) or service business (hair cuts, beauty salons, restaurants, bars, produce stores, lawn-cutting, landscaping, snow removal businesses etc. will all be paying higher taxes.  I find this style of reporting, claiming Only 40,000 Canadians will be imapcted disengenuous or it assumes the balance of Canadians are stupid.  Mind you, the Liberals got elected so maybe we are.
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