Fortitude Gold Corporation (QB) (FTCO) News

Dear Stevhoff,

I hope you see the political landscape in this country has a very major impact on any investment. The Biden Democratic manner of choosing winners and losers has just placed "us" in the loser category. We hold shares of ownership in a company that plays by the rules. But the rules are like the direction of the wind. They change by the minute. Hopefully Fortitude will recover, be allowed to mine its assets and we can move back to a breakeven point. While gold in moving up, I sit with a losing investment and you sit on the sidelines. I do not have a loss because I have not sold out. I just have a loser. May be the actions of the Biden's BLM will turn out to be a blessing. We may not be losing major profits by selling our gold at $3350 an ounce. May be when Fortitude gets it permits to mine, gold will be selling for $5000 an ounce.

Have a very Blessed Easter! (or) Passover!

Total disaster I'll wait for the dust to settle to get back in but div cut and gold production don't bode well:
https://www.fortitudegold.com/news/news-releases/fortitude-gold-reports-first-quarter-2025-preliminary-gold-production-announces-isabella-pearl-pit-layback-for-deeper-mining-and-modification-to-monthly-dividend

from a different source ...
https://mcindependentnews.com/2024/04/comment-period-for-walker-lane-minerals-corporation-air-permit-open/

This is good news for the co. I believe this is the environmental permits.Hopefully we will get info on BLM permits on the conference call.

The Director received an application for a new Class II Air Quality Operating Permit, AP1041-4684 (FIN A2580)
from the following applicant:
County Line Minerals Corp.
PO Box 247
Mina, Nevada 89422
County Line Minerals Corp. – County Line Project is located approximately 10 miles southwest of Gabbs, Nevada,
on Nevada State Route 361. The gate will be on the southeast side of Highway 361. The project is located in all or
portions of Section 1, Township 10N, Range 35; Sections 4 through 9, Township 10N, Range 36; and of Section 35,
Township 11N, Range 35 M.D.B.&M.
This action results in an issuance of a new Class II Operating permit for County Line Minerals Corp. The permit
encompasses a crushing system, a conveyance system, an ammonium nitrate prill silo system, diesel generators, and
gasoline and diesel storage tanks. Overall, there are 14 units across 7 systems, and there are 5 insignificant activities.
On the basis of the preliminary review and the requirements of the NRS, the NAC and the Clean Air Act, the Director
is hereby announcing his intent to issue the proposed Class II Air Quality Operating Permit based on a review of the
information submitted. A copy of this document, the draft permit, and the Director’s Review will be available for
public inspection at http://ndep.nv.gov/posts.
Persons wishing to comment regarding this proposed action, or to request a hearing pursuant to NRS 445B Air
Pollution and NAC 445B Air Controls, should submit their comments or request in writing, either in person or by mail
within thirty (30) days to:
Tanya Soleta, P.E.
Nevada Division of Environmental Protection
Bureau of Air Pollution Control
901 South Stewart Street, Suite 4001
Carson City, Nevada 89701
aircomments@ndep.nv.gov
The application, Director’s Review, proposed permit, any comments received, and other relevant information may be
copied at the above address or copies may be obtained by written request to the above address. Written comments or
objections will be received at the Nevada Division of Environmental Protection, above address, until March 29, 2025,
and will be retained and considered prior to final action on the proposed Class II Air Quality Operating Permit.
https://ndep.nv.gov/uploads/documents/ap1041-4684-proposed-action.pdf

https://ndep.nv.gov/posts/nopa-bapc-county-line-minerals-corp-new-class-ii-aqop

Here's a second proposal regarding the same thing (I think)
https://ndep.nv.gov/posts/nopa-bapc-walker-lane-minerals-corporation-revision-of-class-ii-aqop

The Director received an application for an Operating Permit to Construct (OPTC) roll-over to Class I Air Quality
Opeating Permit, AP1041-4473 (FIN A2039) from the following applicant:
Walker Lane Minerals Corporation
P.O. Box 247
Mina, Nevada 89420
Walker Lane Minerals Corporation – Isabella Pearl Mine (Isabella Pearl) is located approximately 25 miles Northeast
of Hawthorne, Nevada. The project is located in all or portions of Section 34, Township 9N, Range 34E, M.D.B.&M.
Isabella Pearl is proposing to transition their OPTC (AP1041-3897) to a new Class I Title V Air Quality Operating
Permit. The facility is a gold recovery operation that utilizes metallic ore processes, heap leaching technology, and a
refinery to extract gold from the ore mined from the pits. Metallic ore processes include crushing, screening, and
transfers, which is included in the Class II AQOP (AP1041-3853). The refinery includes a mercury retort, melt furnace,
carbon regeneration kiln, and a fluid circuit.
On the basis of the preliminary review and the requirements of the NRS, the NAC and the Clean Air Act, the Director
is hereby announcing his intent to issue the proposed Class I Air Quality Operating Permit based on a review of the
information submitted. A copy of this document, the draft operating permit, and the Director’s Review will be
available for public inspection at https://ndep.nv.gov/posts.
Persons wishing to comment regarding this proposed action, or to request a hearing pursuant to NRS 445B Air
Pollution and NAC 445B Air Controls, should submit their comments or request in writing, either in person or by mail
within thirty (30) days to:
Jaimie Mara
Nevada Division of Environmental Protection
Bureau of Air Pollution Control
901 South Stewart Street, Suite 4001
Carson City, Nevada 89701
aircomments@ndep.nv.gov
The application, Director’s Review, proposed permit, any comments received, and other relevant information may be
copied at the above address or copies may be obtained by written request to the above address. Written comments or
objections will be received at NDEP, above address, until May 15, 2024, and will be retained and considered prior to
final action on the proposed Class I Air Quality Operating Permit.
The BAPC will submit the proposed Class I Air Quality Operating Permit to the U.S. Environmental Protection
Agency (EPA) for a 45-day review period on the same day the 30-day public comment period commences. If the
BAPC has not addressed any received comments in a satisfactory manner, and the EPA does not object to the Class I
Air Quality Operating Permit during its review period, the public may submit a petition to the EPA requesting to
reconsider issuance within 60 days after the expiration of the 45-day review period.
https://ndep.nv.gov/uploads/documents/ap1041-4473-proposed-action.pdf

I mostly read Yahoo Finance posts for FTCO, but find it difficult to post links there.

Not much activity on I Hub anymore. Has everyone gone to another site?

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.