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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

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Post by geolith on Sep 23, 2021 10:58am

Drilling

Abu needs to understand that exploration drilling occurs before there is a deposit, during development of that deposit, mining, and after closure.  Some great discoveries are made late in the mine life of any decent deposit, so no, this is not a joke, this is simply proper, considered, development.
Condemnation drilling has found more deposits that one can shake a stick at.  Osisko operates a great deposit that was identified decades after the mines that operated there before shut down. GoldMining Inc has nearly 2 million ounces adjacent to the long closed Discovery Mine.   Eskay Creek is generating 800 million in shareholder value for Skeena, decades after it shut down.

So drill baby drill.
Comment by Tuckerthefox on Sep 23, 2021 11:27am
Right on Geo.
Comment by red on Sep 23, 2021 1:19pm
So true .... while we're are at that ... let's not forget YGT and NHK's .... Colomac Con and Giant huge past producers with very little exploration done beyond the old mine sites .... in both cases there is huge potential so yeah I am pumping a bit but it's what I believe and fits the discussion. 
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