Fortitude Gold Corp FTCO

Metals & Mining Gold

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, Nevada. The Mina Gold property covers an area of approximately 1,200 acres consisting of 61 unpatented claims and five patented claims. Its East Camp Douglas gold property covers an area of approximately 5,600 acres. The County Line property has a total land package of 2,400 acres consisting of 116 unpatented lode mining claims and six unpatented placer mining claims. The Dauntless gold property is located in Esmeralda County, Nevada, approximately 30 km southwest of Tonopah, Nevada. The Intrepid claim package is located in Mineral County, Nevada, approximately 10 km northwest of Mina, Nevada.

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Fortitude Gold Corp > Progress On Improving Reserves

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Post by skys1on Apr 21, 2022 3:56pm

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Post# 34621634

Progress On Improving Reserves

Does anyone have any idea why with all the cash the Company has and all of the prospective properties they control, why more isn't being done to increase reserves, or producing properties or even production for that matter? Yes they are paying a terrific dividend, but they only have a couple years of reserves so without some type of serious progress those divs. can't last too long.

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