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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 > Part that is glazed over
View:
Post by MelodicHysteria on Aug 24, 2022 10:00pm

Part that is glazed over

The latest news articles sound great to our cause/mine but the deals being made were very specific about the locations that would benefit the most - Keep in mind they all mention Northern Ontario as the benefactor to these deals instead of just southern Ontario. 

While I understand the gitty-ness behind these news releases, remember that nothing explicitly mentioned the NWT or FT. Prudence is necessary if you do not wish to be blind sided.

Good luck to longs
Comment by red on Aug 25, 2022 7:59am
It's my hope that those that missed the boat on getting in are the ones blind sided lol, can't lose sight of the fact we are the only permited primary Cobalt/ CM mine that I know of in the country, our deposit is a unique deposit with lots of gold and other CM Bismuth and then some electrification metal, copper ..in effect, a C-store of CM/BMs with precious metals and as such looks to be a ...more  
Comment by Allman on Aug 25, 2022 10:51am
re all mention Northern Ontario as the benefactor ... admittedly my research isn't exhaustive, but the only cobalt producing mine in this area is Glencore's Sudbury INO mine which in combination with their Quebec Raglan Mine produced a total of 1,100 t/y in 2021, all of which was refined in Norway, which does not have a FTA with the USA. The Raglan mine's life is being extended via an ...more  
Comment by red on Aug 25, 2022 11:00am
good enough for me - great post !
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