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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > Spur road
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Post by Str8shooter99 on Apr 14, 2021 10:13am

Spur road

couple questions on the spur road. Will it be built after the main road is done since all the machinery is there? If so, how will fortune pay for it? Private placement?Dilution with a reverse split? Thanks.
Comment by red on Apr 14, 2021 10:25am
A partner will punch that road in three months or less ... not a big priority for FT to spend 20 or 30 million right now  .... other priorities on the go is my opinion.  solve processing and we are on our way.