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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... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > After two years, FT would be $10 to $20 or more ….
View:
Post by good7news7soon on Aug 28, 2024 4:36pm

After two years, FT would be $10 to $20 or more ….

Now FT is busy with all the permitting work, feasibility study and paying monthly option payments of C$100,000 for the Alberta Refinery. Good news any time!!!
Fortune needs to line up construction financing for the mine and refinery, which are estimated to cost C$770mn. It predicts establishing the mine would take two years, while the refinery would take 18 months.  …. 
https://www.argusmedia.com/en/news-and-insights/latest-market-news/2600836-mine-developer-signs-new-deal-for-potential-refinery
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