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Gold/Mining/Energy : Fortune Minerals Limited (TSE - FT)
FT 8.030+0.4%Dec 30 4:00 PM EST

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From: canucklehead8010/12/2011 4:54:24 PM
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Diversified, De-risked, Undiluted

Fortune Seeks Partners as it Moves to Production

By Greg Klein


With two projects slated for production within 12 months of each other, the year 2014 should be a big one for Fortune Minerals Ltd TSX:FT. The projects are diverse—gold, cobalt, bismuth and copper at NICO in the Northwest Territories and anthracite coal at Mount Klappan in northwest BC. Both projects have been test-mined. Much of the infrastructure is either in place, on its way or in storage. Additionally, as President/CEO Robin Goad explains, the company intends to recruit deep-pocketed partners to reduce equity dilution.

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