Fortitude Gold Corporation (QB) (FTCO) ニュース

Found this blog post from a site visit, decent, mostly confirms what is known though
https://www.tfmetalsreport.com/blog/12716/guest-post-our-trip-fortitude-gold-socal-steve-renozep-and-agxiik

Thank goodness Trump is the new president!!! Now maybe these guys can get their permits rolling. Go get that gold!

I think all American citizens need to re-read this passage:

Prudence, indeed, will dictate that governments long established should not be changed for light and transient causes; and, accordingly, all experience has shown, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.

But, when a long train of abuses and usurpations, pursuing invariably the same object, evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security. Such has been the patient sufferance of these colonies; and such is now the necessity which constrains them to alter their former systems of government.

gap today came on unexpected news price should hold unless POG drops

yes if Trump doesn't get in and the Marxist do we will be a full blown depression with in 2 years Hello Argentina

If Biden drops out and they run Michell all will be lost as we sink into communism JMO

like him or not, Trump is going to be the only salvation for the mining and energy industries here in the US. Here in California, the new Democrat Socialist government has shut down most small scale mining for years, myself included. Our current federal government is moving in the same direction and it makes me sick to see what they are doing to our once beautiful state and country. If Biden decides to bow out and the DNC decides to run the commie Gavin Newsom, folks run for hills cause our constitution will never be the same.
Please help save our country and constitution!! Please do not vote for any Democrat!!!!

I have watched it in the past and forgot about it. Maybe it has seen the bottom.

have you seen ftco today its on fire

why npotb request a paper ballot less hassel

What a waste.
I just received notices by snail mail telling me to log into a website to see proxy materials. The website requires me to log in, using 2 8-digit numbers on each letter. When I do so, I get access to the annual report, but no proxy information. However, the two items to vote on are presented - election of Jason and Bill as Directors and appointment of the auditor firm. Pressing "next" takes you to a page requiring me to type my name to "sign" my ballot! I closed to page and trashed the letters. They can raise a quorum without my votes.

What's wrong with www.proxyvote.com emails from my broker(s), like they've used every year before this?

Dino

gold wwent to high to fast stocks are expecting a pull back not the 1 day type we have been seeing
so buyers are cautious . We get a pull back and price of stocks drop and buyers will load up So it looks likes shorts have been covering
JMO

gold wwent to high to fast stocks are expecting a pull back not the 1 day type we have been seeing
so buyers are cautious . We get a pull back and price of stocks drop and buyers will load up So it looks likes shorts have been covering
JMO

Aaarrrggghh!!!!! Gold at all time highs and the miners are languishing or going backwards. And the dump of stock continues with the large blocks on the ask.

things are evolving very fast. How many write letters? It is all texting and ocassionaly phone calls. I completed our family history (have it in haard bound books with one copy at Libray of Congress) The old letters I could find pieced together a lot of history. That is being lost now. The kid who dropped (threw away) the coins hum wonder how many of the pennies would have been copper. I still find a few in circulation. I put them in jars. I do pay for as much as I can with plaastic. Get points. LAst year for our fall trip to FInger lakes at NY and then up into Maine only had to pay for 2 nights of motels we were out 10 nights.

Watching gold and PM stocks looks likke the stocks aare finally backing off. Maya get my GTC orders filled yet. By year end I think gold will be over 2500 and could hiyt 3,000. Silver not sure if its 35 or even 50. I have a lot more physical silver than gold.but haven't bought any lately my last buy as at $15. Concentrating more on PM stocks with Divs.

Thanks for the stories. no doubt fiat has increased the prices due to it being un backed paper. Wonder how many folks relate our inflation to the destruction of our money? My youngest brother is 14 years younger than me so inflation had already thrown its net over the cost of living by the time he was old enough to know better. Over the years I have accumulated some Canadian silver and gold as well as some British sovereigns, and some Austrian and Australian hard money. Will be interested to see if we ever go back to a metal based monetary system. Most think not but either way the coins will always be valued for the metal. Its intrinsic value will sustain just sorry the youngsters may not enjoy the excitement and pleasure of those silver and gold coins. I remember a few years back at a fair watching a vendor out of change and he had only a few nickels and mainly pennies left to make change. He dug them out and counted and gave a handful to his older teenaged customer. The kid just let them hit the ground and walked off..... Now that everyone has Credit Cards it seems like for now cash is a nuisance. Will it ever change back....?

yes I remeber those gas prices coauld fill the tank for $2.
USe to go to dances. One wineter night we were heading home about 20 miles away a tire went flat. He had a 49 ford. HE said do you fell like changing a ire.
It was really cold I said hell no. He said neither do I and drove all the way which eventually became on a rim. NExt day a use tire and rim were $8 I paid 1/2.
Yes I kept the silver coins I got back then. I actually had been collecting coins since about age 14 wish I still had those collections. Use to buy proof sets. Boight 100 1964 which were lost in the mail my cost had been around $200, but the USPO had to pay the going price at the time of $1,900. I bought a 1957 T Bird Wish I still had that car.. Watch for the copper pennies they can still be found in circulation. I am expecting gold to drop I think todays run is filling the naked redd candel from yesterday. Drop should last a weeK IMO. Chart will tell i sold some gold stocks yester day and place GTC orders on 4 streamers SAND MTA OR and GROY
those ahd been up in the 8% range yesterday or was sit Monday I get my days wixed now Happens to us old guys. Look at Biden vs Trump. just a few years andd I'm older than both. My wife is 80 and plays Pickel Ball 3x week. I can't do it. I am ordering some walnut trees (seeddlings ) to plant in our timber. Last year It took me a lot longer than previously. So ordering less. These will be for the grand kids or maybe the great grand kids. Our weather is already like April I suspect you are too. If you are near KC your a couple hundred miles or so south off us.
Ops gotta go chane cloths this is date day. We go into Dubuque to get a few items we can't get here then will meet friends for supper

Great story congrats on the buy. I still remember Mom and Dad filling up their cars for $.16 a gallon when I was a pre-teen. Pumping gas, and washing windshields when it was in $.40 cents. Now its tough to get for under $3 and your pumping and washing the windows. Guess with all the inflation that's a good price. My big introduction to the PM's was when they took the silver out of the money in 1964. It was a revelation. All the sudden Dad was giving me dollar bills for school lunch. So I could get change from the school lunch cashier who babysat us when Mom worked at the clinic. She would always change us with 90% silver dimes quarters or half dollars if she had them. A big smile and wink. She babysat us often in the summer and was a wonderful gal. From those days on I was hooked into the 90% vs the copper clad coins. My 93 year old dad still has the bag of coins we accumulated . Its just a few hundred dollars of coins but it was a treasure hunt as long as you could still get them. Have to admit I was stunned a few weeks back when I actually got a silver 90% quarter as change, Had to smile and shake my head wondering who spent it and why? Probably found in a drawer of parent or at grandparents house when they were moving them to a home or they passed or maybe found it in some old clothes.. Brought back lots of good memories of hunting for those little treasures and how happy we were to add them to the stash. Keep Stacking!

the rise in yesterdays anouncment on the drilling is carring over today even as gold is down $28
Gold is due for a breather which should give the PM's good buying ops jmo
I'm placing my $$'s into streamers
Fox Business at noon today mention gold is a buy now

My grandson was born in 2001 I saw an ad for 1/4 Krugers at $99 and the limes was 2 I bought 6 they guy said he'd work it out with
his boss as they weere not going very fast.

Looks like the U.S. is the laggard here engineered or not? Know the last thing the Government wants to see is AU going sky high.... I started stacking in the 90's my first buy was at $666 Still kinda freaks me out that was buy point. I had sent the money in and when they got it that was my price..... Most of the recon I am hearing is demand for Physical is at peak levels and supplies remain stressed. I have been trying to get family and friends to buy some of both AU/AG since the 90's. +90% have thanked me for doing so.

sure looks like the PM's are sttarting the blast off.
Get ready to loaad on the pull back which should be coming based
on the long white open candles being made. Its a long time till Christams at which time we
just may see 3,000 gold 2500 is a no brainer IMO

Howabout a little BTO to Celebrate todays action!

https://video.search.yahoo.com/yhs/search?fr=yhs-pty-browser_wavebrowser&ei=UTF-8&hsimp=yhs-browser_wavebrowser&hspart=pty¶m1=20210612¶m2=b60ace97-394c-4713-a2c9-49d388929810¶m3=wav%7EUS%7Eappfocus1%7E¶m4=d-cp13472887149-resp-lp%3Aon-hh6-obem-wav-nt0-igOplXMWqwvkqpJGBREuUDw-ab32-w64-brwsr-obx%7EChrome%7EAin+t+seen+nothing+yet+BTO%7EB2D7D7656EB4E5153688637C8FBF7B49%7EWin10&p=Ain%27t+seen+nothing+yet+BTO&type=A1-brwsr-%7E2021-24%7E#id=18&vid=d3ba95feeb3691d6d762008eeee47c23&action=view

My favorite was doing an expansion project at Marathon oil in Dickson,ND a few years ago. Company was called Dakota Dumper and had a bison sitting on a toilet reading a oil refining for dummies book and a slogan of Blow and Go

sorry should have reread the post should have been 30 days plus 1

thanks for that I thought it was 330 + 1 but maybe that was years ago when I was working and held things in personal name for trading.
Now I have become a LT holder and hold in our Roth accounts

I to would like to get the SP back up but as this is in 2 Roths Mine and WIfe's the div are important
I only will hold up to 10,000 shares in any one company regardless of price. Just my way of protecting the
total holding. So I don't have a taxable situation regardless.

Kansas,

I understand your issue. The fact we are a very small group of investors (about 107 to be exact), we cannot move the market in "OTC LAND" simply because the market makers will eat our lunch with small sales while we try to bolster our positions. Jason has explained to us his reasons for not wanting to move up to the NYSE. Most of all is the danger option traders place on the stock. Besides, the big Gold producing companies (Barrick down about 10% in the last three months; Newmont down 15% in the last three months), are suffering along with us. Only in the past two days have they seen a turn to the upside in their stock price.

Maybe the way out of your tax issue is to use the "IRS 61 day Wash Rule. (Please look at IRS Publication 550 for guidance). It is usually done at the end of a calendar tax year but applies really anytime. It appears FTCO will be stuck in this trading range for another 90 days so the risk of selling should be low. It is only an idea and not advice. but offsets are really helpful sometime.

Better with DIvvies or Capital Gains? I don't know about you all but with the current stock price in the toilet are we better with divvies we have to pay taxes on or getting the stock price up to a capital gain? I have raised this issue with IR but not making any progress so far. Its crickets as far as getting a dialogue going on this While divvies seem more powerful to Mgmt. to us long term shareholders with massive capital losses due to the pathetic share price losses I say its salt in our wounds since we are paying taxes for the divvies while we are bleeding worse with taxes on a looser. I have raised this matter with mgmt and so far its like pissing into a fan. They are married to the divvie despite the tax losses they have created for their long term shareholders. The divvie is being used to lure new shareholders while the long term shareholders are not getting a break as we are paying taxes on the divvie while our capital losses gain us nothing unless we sell and buy or buy back which can also create issues. So far I am not getting any traction with Mgmt over this clustermuck. Obviously having a declining share price is less of problem than paying divvies and getting reinvestment of some or all of the divvies. To those that have been around since the spin off..... tough manure....so far. If this remains the modus operandi then I am going to stop my reinvestment and just take the cash unless the sales price is low enough to neutralize losses already incurred. Good Luck. Perhaps up listing as jsc advocates could be a positive tool for this too.

thanks for that info hope they have news about uplisting to a better board

Solid strategy on your allocation. I have done biz with these guys for many years and am pretty familiar with their properties. I may be a bit redundant here but the properties are as Jason has said " if the properties were in todays market for sale they would not be able to afford them" Their drilling continues to be much better than they expected. My experience has been they are pretty conservative with their expectations and expression of their forecasts on production. FWIW. At this point I have also stopped adding new capital but may reinvest some of my divvies from current operations. Thanks for your comments and hope its a solid investment for us all.

Dubster, Thank you for your comments I hoped I don't come across the way she portrayed me. I feel bad for her to express herself the way she does. I am no genius but do have a lot of experience in the commodity sector and what my employers felt was very effective in managing their commodity risks for a multi billion dollar corporations. However haven't hit one over the wall here so far. Would be interested in how many holders of AU/AG stocks and phizz out there think that the price is manipulated or not. All the best . KC

Shes a sad little negative nelly.
Hated on every board she posts on.

Got to go with the instincts here. Contacted Greg head of IR at FTCO via email and he indicated news is on the way. Should be out real soon, They are very comfortable with how the asset development is going. Greg is a solid IR guy. He has always returned my emails or calls. The team Fortitude runs a tight ship and their expectations of what assets they have been conservative but on target. They have an excellent resource. As Jason indicated in a presentation awhile back. They were darn lucky to get it when they did because they wouldn't be able to afford it in todays market. At the price the stock is trading at now we are the ones with the bargain at hand. Gold looks to be ready to run IMO. Good Luck to all us longs.

I prefer the div but I have maxed out the number of shares I will hold here
I only allow myself to go so deep into any one stock. This div is funding 3 other div plays

Added more shares today. Yield on current stock price~11%. With the selloff are we better with share buy backs or taxable divvies? Probably pretty much depends on your history.

thanks Dino I just use a spone to get the honey out of the jar so neveer used one of thse little sticks but now that you metioned I have seen them
Differnt parts of the countryt have different sayings.
My family originated in KY when they came over then moved to Iowa. Had releativces from the same family fight on both sides in the war.
One enlisted before he was 17 spent 5 years with Sherman which was his last name also ended up a sargent. One of his cousins never made it
back to his wife in Great Crossing KY One of my My great graandfather fought in the other war under Teddy Roosevelt and refused to accept his gov pension. SAid
this country gave him the oportunity his native county would not under britisjh rule.Big differeence between those who came back then and the ones coming now
illegaally. 2 more days we get pour div.

Of course you don't remember them, that's why I've tagged you in them when I reply so you couldn't deny it, like you are doing right now. As for down side I've got some confluence in the mid $3 range and the .80 range. From inception it might be wave 2 is acting out in an expanding flat but I dont look that hard at this. Only looked at it cause your buddy low Jack kept pumping it to me and I thought I saw a double top or head and shoulders panning out

The honey dipper you're probably familiar with is the funny-looking stick designed to reduce dripping when you pull it out of the jar. In the same manner that "Little John" was a big man and "Curly" was bald, the tank and hoses used to empty a septic tank is referred to - at least to us southern folk - as a honeydipper.

Dino

what is a honey dipper tia

I certainly don't remember any of your comments relative to what I said to you last fall. That's not my style. You seem to have a pretty big chip on your shoulder so that probably explains a bit about your attitude. So what's your call going forward on FTCO? Congrats on your call this go around. I picked up a few more shares. I don't rule out technical trading. Watching the technical's sold and over sold . RSI etc are part of the decision process IMO but not the whole picture. Congrats on you call.

Try https://www.sec.gov/edgar/browse/?CIK=1828377&owner=exclude
or https://www.otcmarkets.com/stock/FTCO/disclosure

Dino

Hi,

Can someone advise where to find FTCO insider selling reports?

Something off-topic, but you might enjoy.

I followed a honey dipper down the road near Lake Anna in VA a while back. I almost wrecked from laughing when I passed him and read his slogan on the side of the bed. "Nobody sticks his nose in my business."

Dino

Wow...... You pipe up to me around 6 months ago saying how your Uber qualifed and I'm just some average joe and ask what my qualifications are to now trying to be humble and have a humility contest lol! Do you recall saying I'm too hung up on technicals, and me replying if that were true your too emotional with this one stock? Seeing as your down 6 figures and the stock had a low of 3.60 from being 6-8 bucks I'd say it's safe to assume you ARE to emotional with this and the TECHNICALS did pan out. So two points for me? As for humble jobs, I worked for honeybucket, literally going around and sucking turds out of the blue rooms. Maybe that's why I know when someone's full of crap, such as yourself?

Wow this like Deja Vu...I got first job out of Southwest Mo State it was working in a Hide House where we collected and processed green hides from local kill and locker plants. It was a small operation so i got to do pretty much every job that existed when people didn't show for whatever reason. Most of the employees had issues from prison records to issues with alcohol or drugs. Needless to say it wasn't high on most peoples list of places to work. I was the gofer that got to do everything from filling in on the production line where you were pretty much always wet from the salt cured green hides that you trimmed or moved to the next station. , or were dealing with substance abuse, or other sundry issues. When you left the plant you stunk. If you had to stop by the store people people would moved away from you. My girlfriend now my wife of 42 years made me undress in the garage and shower right away. It was a lesson in humility. So I doubt you can top that. In my next job I worked for Quaker Oats as a small accounts sales rep. which covered pretty much every thing from doing store resets at midnight to 5 in the morning to building store displays and stocking shelves if the union would let you. Working for Quaker turned out to be my break. Part of their HR program was testing and asking what your career path goals were. I indicated to get into their commodity group. After about a 1.5 years I got a chance to interview for commodity buying job in Chicago. Got lucky and got the job.. Pretty soon I was dealing with different folks at the Cedar Rapids plant. The toughest bunch to deal with were the Millers lol as they had a chip on their shoulder when it came to dealing with us in Chicago. It wasn't anything bad just that the Millers were smart guys that had their take on things their way. It wasn't war just you had to have your ducks in a row when you dealt with them. Sounds like you be that too. LOL Must be a professional trait. No offense implied. Just know and respect the profile from my younger days,

Hey crud, that long winded bs message about your favorite indicator........ Look what I called back in September (hint- look at the message being replied to). Damn, you would think someone with ALLLLLL those credentials such as yourself could have seen this coming. Just an average joe here making better calls than a ex commodity group manager, maybe they saw thru the sly talk and saw the same lack luster skills?

One of my favorite tools was/is the RSI aka Relative Strength Indicator. It measures the tendency towards being Overbought meaning to much demand and prices getting to high and Oversold which is to many sellers. . You can run various time frames and the tendency towards too many buyers and or too many sellers which will drive the price for the commodity or stock to the point of a change of direction in the price movement. I prefer the fundamentals over the technical traders as that IMO is what should decide prices. (IMO) but its not that simple as Traders whom are there to make money from changes in pricing movements vs the fundamentals of supply and demand. Obviously as more and more traders enter the pricing of commodity markets volatility tends to grow when shortages evolve. There are resources online thru the exchanges and others that can teach smart guys like you how to understand the nomenclatures as well as the mechanics for measuring the changes in overbought and over sold which then you have another set of variables to evaluate your decisions on buy and sell. If you are already using these tools fine if not its worth learning about them and how over selling or over bought facilitate changes in the market pricing and demand even it its just paper trading demand. At the very least it good to know how the markets sway up or down is impacting or being conditioned to change. The bad part is trying to assess how much and how long before the scenario changes and you are going to address that with change of your position. I remember when I was working for Quaker Oats and doing the hedging for a regional brand called Wolf Brand Chili. My analysis of the Beef market was ugly so my co-worker and I put together strategy that was hinged to their demand and our analysis that indicated the cattle kill was going to be low for that year and thus any moves in price would In our opinion upwards so the current market would significantly be a great opportunity to lock in all their needs. for at least a year......Nailed it and the profits from those Cattle hedges was the difference between them making a solid profit and losing a significant amount of money They asked us to come down and do our presentation for the following year. We went down and reviewed our strategy for the following years. They some absolutely cool Texas art that they were giving their sales people that they showed us ( they indicated they were over a $1500 each) probably at least 2x that now. Looking at my co-worker and we smiled thinking we are going to get one of those too....lol. After our presentation their gopher took us out for a quick dinner and ran us by a topless bar...... Our work, knowledge and timing was spot on and we were the only reason they made/ beat plan and they all got a very nice bonus. We did another great job for them based on what we presented that day but I was out of there before the next years plan was over. I laugh about it now but so does my cohort who followed me to Pepsico Restaurants where we did some great things again. I laugh about it now but I know the hurt when you do a great job and it counts for nothing but you own satisfaction for doing it. A good lesson to learn so you don't make the same mistake in not letting those that make it work feel appreciated.

I have heard from Mr. Jason Reid, CEO of Fortitude Gold Corporation. Attached is his unedited response. Please note there is a personal issue contained in the response. Mister Reid told me the issue is common knowledge. I would hope one will act accordingly when addressing the issue.

Dear Mr.

Thanks for the email.

The entire mining space is under pressure, not just FTCO. Most mining companies entered 2024 at 52-week share price lows. Case in point, one of the largest mining Company in the world Newmont was at or near a 52-week low entering 2024 and has since made new 52 week lows recently. Mining is an unloved investing space right now. While FTCO outperformed our peers the last few years, we are not immune to the market pressures on most all miners and share prices.

A more thorough update on many of your questions will be addressed in the conference all next week.

As stated in the preliminary production press release, we await BLM permits for numerous items including mining the high-grade gold deeper in the Isabella Pearl pit and for the County Line permit. We reached the permitted pit bottom in Q4 but continue to mine the Civit Cat area of the deposit while we await regulatory approval to mine deeper at the pearl zone. That permit could drop in any day.

The BLM continues to be understaffed and we see and hear from many of our peer mining companies that permit timing is less transparent and efficient under this Federal administration. We believe we will get the permits but the timing of which is unknow, hard to predict, and out of our control. We are ready to build County Line as soon as we have permission.

We hit the mid-range of our production target in 2023, not the low end you state. Even if we had hit the low end that would be executing on our goals and a success.

As for stock sales, my position in FTCO changed as a function of a brutal personal divorce. In court documents my ex’s written statements noted the intent to sell her large FTCO position awarded in the decree. I don’t know if that happened but could be adding to the share price pressure.

A more thorough update will be provided in the conference call.

Best,

Jason

I guess we know why you no longer work for those companies lol. Some silly little average joe with a highschool diploma playing millwright called this as you were pumping it. Damn, down 6 figures on one stock. I've been there too, that's what got me into trying to learn charts so I could get out of it, still have alot to learn but getting some confidence. Also learned when people cant see a down side such as yourself and the original guy I mentioned a head and shoulder pattern to, that's the definition of a shill. Live and learn!