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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 Oct 07, 2024 7:49am
56 Views
Post# 36255692

RE:RE:RE:RE:They WANT YOU TO GIVE UP Your FT Shares For PEANUTS !

RE:RE:RE:RE:They WANT YOU TO GIVE UP Your FT Shares For PEANUTS !

Time or no time lol, but it is one of those known unknowns and that was a relevant post back in 2022 as it is today.

given the significance of the procon ownership which was reduced under a threshold for what reason ....which I think was something to do with corporate reporting requirements. But i challenge anyone to show a post or artical, presentation by Procon or its leadership, in the last ten years, that says anything of significance on FT, a company of which they own significant shares and have a relevant board seats connections. 

say what one will but RG hands have been and are tied in some way shape or form.  our board sucked then as it does now and I assume unless there is some new blood why should one expect anything to change. 

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