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Bullboard - Stock Discussion Forum Fortitude Gold Corp FTCO

Fortitude Gold Corporation is a gold producing company. The Company’s Nevada Mining Unit consists of seven properties located in the Walker Lane Mineral Belt. Its flagship Isabella Pearl project is an open-pit heap leach project, which covers approximately 9,000 acres. It owns an interest in the Golden Mile property, which is located approximately 36 kilometers (km) east of the town of Luning... see more

OTCQB:FTCO - Post Discussion

Fortitude Gold Corp > Greetings all!
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Post by goldpoet on Feb 19, 2021 10:19am

Greetings all!

As a former GORO holder, I never understood breaking the company up, but here we are.  Bad news is that Scarlett drill results were never released, apparently because they did not have to release drill results if they are disappointing.  Good news, this is a solid single asset with lots of blue sky drilling potential.  Best to all longs.  Poet
Comment by BullionGirl on Feb 19, 2021 10:56am
The value of your GORO and FRTT stock exceeds the value of your old GORO stock. The parts of companies can be worth more than the original whole company.
Comment by ElyGold2019 on Feb 19, 2021 12:43pm
FRTT will be in their 90 day quiet period until March 24. So no presentaion and no drill results till then. This is hardly a single asset company. Besides Isabella Pearl, they have 4 other very interesting projects. ELY owns royalties on 4 of them. Cheers Trey
Comment by jthottam on Feb 19, 2021 6:59pm
One possible reason for the lack of a release may be because of the delay in the labs.  There is a massive backlog right now thats causing weeks if not months of delays in processing the results for many of the juniors. Just an FYI....we will find out for sure on the next earnings call.
Comment by Oilminerdeluxe on Feb 21, 2021 6:35am
I think, or hope, that they will wait to publish drill results until the quiet period is done and they are allowed to fully market themselves. I mean Mina, Camp Douglas, Golden Mile, etc, they will not be empty holes. If they are, well,  they should be able to make lots of money to acquire other assets if that were to happen. I think a few of those have a few years of production already. And ...more  
Comment by BullionGirl on Feb 23, 2021 3:52pm
I like both parts !
Comment by Oilminerdeluxe on Feb 26, 2021 1:40pm
Hm, I wonder what is up? Gold destroyed FRTT goes up!