Fortitude Gold Corp FTCO

RE:RE:RE:RE:RE:RE:RE:Buying Opportunity?

[goldpoet]

Thank you BamBam.  Yes, I heard the conference call.  Any chance you could reach out to Jason or to Greg Patterson, their IR guy, to see if there's been any further word from the BLM?  I used to talk with Greg regularly, and occasionally to Jason, but Jason disliked some of my questioning and they will no longer talk to me.  I'm actually a very large shareholder, and like you, think FTCO is potentially a great investment.  However, in a previous CC, Jason said the single largest risk was permitting because the Biden Administration had understaffed the Washington office of the BLM.  Jason also said last fall they were expecting the permit 'any day' yet months have gone by with no permit.  If you do reach out, please don't do it on my behalf and or mention that you're aware they have cut off communication with one of their shareholders.  Mentioning me might make them unnecessarily guarded.  What I'm curious about is whether there's been ANY communication with the BLM or any kind?  Did the BLM have additional questions about th CL mining plan after FTCO answered the first round of questions?  If the BLM used the word 'imminent', do they explain at all why another 5 weeks have gone by in what is already a delayed permitting process?  If imminent was Jason's word, what was the exact work used by the BLM?  Jason is 100% correct, that until the permit actually drops, words are just words.  Nevertheless, it would be encouraging to me if there was an ongoing dialogue vs complete stonewalling from the BLM.

If you don't wish to contact them, thanks again for refreshing my memory about their last CC.  And i agree, the latest property acquisitions look terrific.  If the CL permit does drop I wouldn't be surprised if the stock quickly got back into the $7-8 range.  From my conversations with management, they seemed to believe CL would have enough ore to get them through 2025 which gives plenty of time for the GM permit to fall into place later this year or early next year.  Once both CL and GM are permitted they seem to have an incredible array of properties to explore and develop.


Best!