Value Microcaps Junior Miners

[river_run]

FT moving nicely last few days.

low share count, massive anthracite coal deposit in northern BC.

Introduction: Fortune's wholly-owned Mount Klappan project in northwest British Columbia contains 231 million tonnes measured and indicated and 2.57 billion tonnes inferred and speculative of high rank anthracite coal (see reserve and resource table below) making this the largest undeveloped deposit in North America and one of the largest in the world.

Share Structure
June 30, 2009

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Listing: TSX: FT
Shares Issued:
94.78 Million
Fully Diluted:
118.97 Million
Officer & Director Holdings: ~10%
Working Capital: $ 4.5 million + $ 2.7 million (restricted) (Q3 2009) +
$ 16 million net from December 09 equity raise

This stock has trading warrants with an ex of .80 expiry Dec 03/ 2011

FT.WT.A

stock now at $1.59 warrant at .70 bid .74 ask

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