Fortune Minerals - Twenty Four Years, Just Waiting For A Chance
Matthew Gordon, Ptolemy Capital
Fortune Minerals Limited is a TSX-listed Canadian mineral development company. It is currently focussed on advancing the NICO Cobalt-Gold-Bismuth-Copper development.
Fortune Minerals started the year with a share price of CA$0.10. They finished the year at CA$0.08. This is down from peaks of CA$6.00 in 2005. Fortune Minerals has invested CA$130M to date. Fortune Minerals has a market cap of CA$28M today.
Goad founded the company in 1989. Fortune Minerals has spent 24 years on this project.
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