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.
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