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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 > New operator ….
View:
Post by red on Nov 21, 2024 6:34pm

New operator ….

....For the rail spur at Enterprise.....which is where our ore will be shiped to via truck and transfered to rail to get to edmonton. Brad Mapes the developer has put a lot of effort in to this rail  spur project and as such has eliminated thousands of truckloads of fuel off the hiway from Edmonton to enterprise, of whick most fuel now travels, then by truck to Yk storage facilities and from there to the mines north. 

it's been a great project and will help reduce FT shipping costs and will be reflected in the new FS.

i assume the new operator sees the opportunity with FT and other mines and likely why they bought and will ramp up even more. 

https://cabinradio.ca/211027/news/travel/brad-mapes-awp-sells-enterprise-rail-terminal/

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