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Fortune Minerals Ltd FTMDF


Primary Symbol: T.FT

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > UPDATE NEEDED???
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Comment by hounddog69on Aug 01, 2024 8:46am
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Post# 36157876

RE:UPDATE NEEDED???

RE:UPDATE NEEDED???Agreed, share price was $0.09 when the JFSL refinery option expired. It is now $0.055, with still no news on path forward. Is there an alternate plan coming, or has the AB refinery purchase been abandoned?? Why the crickets, a month has passed and nothing. 

When will the SGS test results be released? The samples were accepted April 8/24, nearly 4 months ago.

Must be nice collecting 300k / yr to return negative shareholder value. Can't blame RG for sticking around this long.
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