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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
> No PANIC!!
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•••
Baserunner
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Post by
Baserunner
on Jul 03, 2024 2:58pm
No PANIC!!
Just remember lots of tire kickers, lots off take people, Rio Tinto and others! Now just a uniform bid and selling going on ! Just waiting for news about the exciting new future for FT!
(71)
•••
sdhaka
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Comment by
sdhaka
on Jul 03, 2024 5:13pm
Agree! Fortune Minerals is still negotiating with the seller for a new agreement. Their recent funding wins, including government grants and convertible securities, could help them secure a new deal. What do you think? Is this a temporary bump in the road, or a bigger issue for the NICO project? Will Fortune Minerals be able to land a new refinery site agreement soon? By the
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