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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
> ELMB gets 20 mil From…
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Post by
red
on Aug 19, 2024 3:09pm
ELMB gets 20 mil From…
USA Defence - up 50% !! Nice to see and hope the trend continues on Canadian developments .
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Comment by
red
on Aug 19, 2024 8:45pm
Great comment From Robert Morris on LinkedIn "It's telling that the U.S. Department of Defense sees investing $20 million in Electra, an upstart Canadian listed firm, as vital to its national security and securing a stable supply of critical minerals. Yet, the Canadian side continues to focus on subsidizing legacy Automotive OEMs manufacturing efforts (to the tune of $23B and
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