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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 > GREAT CC
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Post by skys1 on Mar 25, 2021 12:01pm

GREAT CC

This was one of the better CCs I have heard. Some great info like production costs dropping by roughly 40%. That should do wonders for both the profit & the div. This should turn out to be a home run, in my opinion.
Comment by Oilminerdeluxe on Mar 25, 2021 1:07pm
Sickening, my bank told me I must sell it before March is over because of the list it is on. Unreal. It can go 3-5X from here this year and I am not able to hold it until they change list. Then it will be too late. Just my freaking luck.
Comment by skys1 on Mar 25, 2021 1:14pm
So, why don't you do business elsewhere. Just move your account.
Comment by Oilminerdeluxe on Mar 25, 2021 1:22pm
It's apparently across the board here in Sweden. but I am trying to figure something out. 
Comment by jthottam on Mar 25, 2021 1:33pm
Agreed, I am glad Jason was able to give a detailed answer to my question (albeit not the exact numbers) for the directional movement in AISC.  With Tonnes dropping from 7.5MM to 2.5MM to 1MM per year (2021 to 2023), and trending down to $650 AISC LoM.....this will improve margins tremendously. With the CapEx on development of the heach leap pad capacity, I think this is an early warning on ...more