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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

Post by Wangotango67on Dec 20, 2024 8:36am
65 Views
Post# 36371823

THEN >>>>

THEN >>>>Perhaps once shy - - twice change thier mind...?

Especially if shown how good Methanol is  vs  Petro.
Methanol is 95% less CO2  intensive.
Dam near green.

FN are very into green energies.
And do have -----> $$$$ to invest.

Or.... sit and play the game with... Nico and NWT.
I've always thought this stock has remained bottomed out because
of the potential back in - stock remained low ever since 2015
another ensuring the junior couldn't raise ???? Speculative of course.

I know what i would do.
FT's name holds the back in right.
I'd use this as an advantage and seek out another and ask for 
the funds and pay the funder handsomely with a 100% payback.
Loan us $9 million and we'll give you first dibs of the anthracite ronnage
in loan payment - double amount. ( $18 million ) 
100,000 tonnes. 

Drop in the bucket when compared to - 200 million tonnes.

Ideas... good ideas.




;  








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