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Bullboard - Stock Discussion Forum
Fortune Minerals Ltd
T.FT
Alternate Symbol(s):
FTMDF
Metals & Mining
Industrial Metals & Minerals
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.
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TSX:FT - Post Discussion
Fortune Minerals Ltd
> Pelosi’s Taiwan Trip Spurs Chinese Battery Giant to Pause
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•••
Allman
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Post by
Allman
on Aug 02, 2022 3:38pm
Pelosi’s Taiwan Trip Spurs Chinese Battery Giant to Pause
https://www.bloomberg.com/news/articles/2022-08-02/pelosi-trip-spurs-china-battery-giant-to-pause-plant-unveiling#xj4y7vzkg
(48)
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Tuckerthefox
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Comment by
Tuckerthefox
on Aug 02, 2022 9:51pm
This could get very ugly with the Chinese, I've been following it.
(343)
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red
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Comment by
red
on Aug 03, 2022 8:05am
Agreed ...the situation will likely get worse before bettter but they are patient and clearly have long term vision and are masters of pain ( economically) the Japanese and Australians have felt it, the Germans and EU nations ( not to mention the USA) are realizing the situation they have put themselves in, much like with gas and Putin. Clearly new sources need to be planned and quickly but also
...more
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red
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Comment by
red
on Aug 03, 2022 3:46pm
Hmmm called this one lol https://www.nationaldefensemagazine.org/articles/2022/8/3/united-states-seeking-alternatives-to-chinese-cobalt The bluish-gray metal’s widest use today is in the cathodes of lithium-ion batteries, which proliferate in commercial and military devices…Cobalt also serves the Defense Department in temperature-resistant alloys for jet engines, in magnets — used for things
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