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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 Jul 02, 2024 8:11am
103 Views
Post# 36114000

RE:RE:Option to buy refinery expires.

RE:RE:Option to buy refinery expires. The list of possibilities could go on for days I am going with the possibility that someone does not like the Lind deal and may have the ways and means to help FT avoid Lind arrangement with something bigger and better .....but with what kinda strings? 

who knows what happened on the golf course wherein RG authorized the news release on the week end ? 

We just went thru the AGM, he knew shareholders were anticipating this deal to be done on Friday ....obviously there is a lot more to this 11th hour deal than just what would appear as another failure. We are the best most advanced project in NA that has it all. 

pick your story and run with it ....we'll all wait together 
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