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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 Nov 09, 2024 8:16am
70 Views
Post# 36304504

RE:RE:With Trump back in office, we might see policies

RE:RE:With Trump back in office, we might see policies

We can only hope that FT can Make a deal with RT on processing CMs which puts us within the realm of working with an American company on one of the largest open pit mines in the world in Idaho. RT would have significant influence in the USA and lil ole Ft could ride that ticket and have an inside track.

if anyone needs CMs and BMs it's going to be Elon and if / when things go to shite in China, near term sources are limited. Tesla, space x, solar etc are all hi tech not to mention military related technologies that Elon probably does as well, he wants it all and DT is his ticket which is publicly bought and paid for. 

Our FS needs to maximize results from every pound of the unique Nico ore, especially its gold and finally prove this thing for what it is, that takes time - so be it - we wait.

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