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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 > Fort Saskatchewan Alberta.
View:
Post by Jim1712 on Nov 29, 2023 1:15pm

Fort Saskatchewan Alberta.

Dow getting some serious tax credits for a new facility in Fort Saskatchewan.  


I think  Fortune has an option on some property there.  $11 billion dollar investment and 8000 jobs .  



Jim

Comment by ztransforms173 on Nov 29, 2023 1:40pm
- Alberta will give a 12% INVESTMENT TAX CREDIT {ITC} of TOTAL ELIGIBLE CAPITAL COST (TECC) - so if the TECC is let's say $ 8 billion, the ITC from Alberta would be $ 960 million - then there are the many FEDERAL incentives to CCS plus the local Fort Saskatchewan TAX ABATEMENTS https://edmontonsun.com/opinion/columnists/varcoe-dow-to-invest-8-8-billion-in-alberta-net-zero-petrochemical ...more  
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