Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
He is associated with Seeking Alpha
thanks but how do I find him or it so I can follow
what or who is Golden Panda
Prof...
I like Golden Panda thinking on way the collapse in December. The issue here is: Has the BLM issued the permits (plural). With only Peral permitted, this could turn very ugly very fast. That is if the thinking by Golden Panda is correct. Should be interesting to hear what Jason has to say next month. Until then we wait.
Thanks for the reply, KC! BTW I finally found out why we had such a big dip recently. Check out Seeking Alpha. Gold Panda speculated that the modest 4Q was more of a result of a depleting Pearl mine than just the fact that they had already met their annual target by then and didn't process everything they had mined, which I tend to believe.
Anyway, being flushed with cash at $52M and lots of other properties to mine, I like our odds...VERY MUCH. And when interest rates finally subside gold prices should really pop.
I look forward to Jason's year-end conference call.
Go FTCO!
Thanks for your comments BPH, with today's selloff we are close to 10% on the divvie. That's a dang fine return and still lots of upside pressure on POG.. I got my graduate degree at Kellogg School, Northwestern. Still have my copy of the WSJ article somewhere stating that we were number 1 in biz schools a couple of years after I graduated late 80's. Either way whose splitting hairs both are excellent Glad to see you are in the shareholder pool. Are you also bullish on AU/AG? Have to admit after watching the mad printers at the Fed and CONgress it just keeps getting scarier. Appreciate for your insight.
Best KC
FTCO is a great company with potentially an even greater future. High rates have held us down for a couple of years now for sure. Who cares about a miner 8% dividend if you can get 5% risk-free on a CD these days, right? But when rates eventually fall again, watch out. This baby is headed to the moon! Still don't understand recent dip. Hopefully the next Conference Call will shed some light on it. And no I'm not a Business Professor. lol
JSC, As my dear Uncles used to say while playing horseshoes at my Grandma's and Grandpa's house and someone threw a ringer. "every blind hog finds an acorn now and then".....squealing like a piggie with an extra acorn.... lol even if it was only a 150 shares at a better price and .... and maybe some extra divvie. I'll take it with a smile. Thank you veery much.
you should have a watermellon smile on now after the buy yesterday
I had added a few share but was low on cash so didn't get a lot, but some on both Roth's
I just can't find anything that has this selling so low. They really need to get onto a better exchange
Looks like my "negative" posts were indeed reality. Sorry it doesn't fit your shill agenda
Kansascrude, not bad for a hip shot eh? I pulled fibs off this later on and I think it showed lower possible. Everybody's gonna feel pain, even my beloved physical.
Just a guess here but with all the macro shuffling around and no significant sell off in PM's I am just getting the feeling that this is the manufactured short and buy strategy now being executed. More big money is moving in the Au/Ag sector and they want sales prices to buy in on the stocks. Don't have any evidence at this point just a vibe and 11 of my 12 miners are down. I bought some more FTCO today dang yield is ~10% . Gritting my teeth and buying some more shares. Do think the downside in FTCO price is close barring any production issues. That and some updating on reserves that we need to be positive and maybe its time to watch the price head up$.
they just declared the Feb div. A company going broke just doesn't continue to pay divs. At least I have never
seen one do it. Now we are near a 10% div which screams somethking is wrong. Yet days ago they reported
great drilling results. I can't find anything wrong can you? If so pleae tell us.
Damn, all that experience you were touting and some average joe playing millwright and "too hung up on technicals" ended up being right..... Lol. Shills, arrogant shills everywhere!
JSC,
You said "and they are past their 30 for sale and can buy back". You figure the two Execs used the IRS Wash Sale Rule to sell their higher priced stock holdings as a loss and then buy back at a lower price. That would surely be a different way to "short the company". The net effect is to punish all the "buy and hold stockholders" for a tax break? I hope that is not the case. It raises many ethical concerns and may infringe on present laws on insider trading.
well the drilling results look positive aand if the POG rises in 2024 as some are predicting this will have to fly esp as they have a great div.
Perhaps we will see management adding now that its getting near low and they are past their 30 for sale and can buy back.
I think we would like more detail in the production outlook as well as the anticipated production for at least 18 months out. I understand the stockpiled ore is significant . I would think they have a pretty good handle on their processing execution. Would hope they could provide a bit more detail on the plans going forward. While Jason has improved on addressing the shareholders still room for expanding the scope and longer term options. At present it looks like we are getting very little value for our future production. Perhaps that's due to the current inventory as well as current expectations discounted due to the lack of validation to date on future production .
We still have lots of potential due to the solid job in claiming what looks like a some excellent geography. FTOC has a history of outperforming on many fronts which has created fairly high expectations. Hopefully they are going to continue delivering. Perhaps an effort to give us a more long term view would be valuable and garner some patience by us shareholders. Which are entitled to that next level of production expectations.
Thanks.
I'm not an insider, just a shareholder but I am a semi retired miner. I do understand the headaches of dealing with the BLM. They are at permitted depth for the Isabella Pearl. They have a huge leach heap and are expecting to get 50k+ oz out of it. Awaiting permits for three other claims.Should be coming soon.
Glide,
AND what did he have to say? Or is it only "for the eyes and ears of the insiders". I am beginning to be suspicious when the CEO and Chairman start to "dump" stock right before years end. AND to count a 37,000-ounce yearly gold production total as "meeting the goal" is a bunch of BS! Something is amiss. BLM is delayed because of lack of staff? They always had a lack of staff. They have casinos to attend and skiing to work on. Time to hold some bare feet to a very hot fire. Time to complain to the FEDS (DOJ and its hapless FBI, SEC, JOE "Bite Me" Biden and MISS Sleepy herself). To the stockholders I say: The Whip, The Whip, more lashes from the Whip! Time for a stockholder's rebellion. Time for a recall vote on management. TIME FOR THE TRUTH!!!! And yes "WE" can handle the truth.
Hee Hee! Don't panic yet. I finally spoke with Greg at the company this AM . Give him a call.
They have no moral compass if they continue to line their pockets at the expense of shareholders. They are sitting on a massive amount of cash but will not buy back shares at below bargain prices? what the heck does that mean? Probably that they are all expecting big bonus payouts while the shareholders cry for a bit more gruel please,.... I guess we are supposed to satisfied that they are giving us our some of capital back in the form of a $.48 cent divvie a year that we get to pay taxes on. Well its my own fault I guess Buyer Beware....of FTCO dey gonna skin you and good...Squeal like a piggy boy you been smoked and how dare you want to know about plans for the future. We got skiing to attend to..... We got no time to mess with you besides your out of $$$. How dare you expect to make money. Move along SUCKER! Squeal like a Piggie you been had!
Another 50k dump of shares on the 18th of Jan. $311k worth for a company officer. We need a bonus like that! Who would have guessed the company would be our worst enemy.
I have been calling since mid Dec and no answer or voicemail. No return of email. In the beginning, I thought the action was an idiot trader, trading for pennies, but the very large blocks said institution sales. It never crossed my mind a large portion of sales was from the company.
Anybody try and contact these CROOKS! I have called several times and NOBODY even answers the phones....its pathetic. Last time I got an answer it took well over a dozen rings as no one was there as they were on Ski trips..... Wake up we are getting screwed! All we have received in compensation so far is just a partial return of our investment which we get to pay taxes on even though its really just a return of our capital.....as so far the divvies received are somewhat equal to the loss in the stock value. Look at the price of gold well over $2000 an oz. and we have no effing appreciation? Yes I know the miners have underperformed in several cases but not like our turd. Are you freaking kidding me! Since Daddy retired the rats are in play I don't think Jason could manage a boy scout overnight. It's still a deer in the headlight moment for him when he presents. Its not that I think the assets are not valuable I am just wondering if the shareholders will ever make a freaking dime on them. Shareholders...bend over and Squeal like a Piggie....you are not worthy of anything but maybe a return of your devalued capital ....maybe.... Show ME the Money not the Vaseline Jar ! Yes we see that big wad of cash where is our share? Certainly not in the stock price were we can use a capital gain and get the hell out of hell.....TOTALLY TIRED OF BEING MR NICE GUY! Prior to now I have stood up for Mgmt and tried to be patient..... that is now GONE until we see some progress FOR THE SHAREHOLDER! Patience is gone like the stock price! DOWN DOWN DOWN! Please get us some positive returns so I can quit being nasty. YOUR GREED IS NOT SUPPOSED TO BE EARNED BY SCREWING YOUR SHAREHOLDERS!!!!!!! SHAME!
Broken record,
Every post on every board is negative and insulting to actual traders.
We all know you are just a kid that lives in a sad place.
Stop insulting people and post trading information.
You started insulting a trader on *BOIL and I called you out, and asked you to be respectful. You cant.
Is this really what you want others to see from you? The name calling alone is distasteful and ridiculous.
Grow up!
Hmmmmm. MORE "lucky" buys lol...... Dunce
The dump continues. According to filings, the company itself has sold nearly 500K shares over the past year as gifts. Even the two top officers sold almost 150K shares thru November and December. I'm not against a year end bonus, but I wish they would take out cash instead.
The Mgmt team that bought Goro was sketchy. I sold it pretty quick after the sale turned out to be a good move. FTCO has a much better resource and being in the U.S. looks better.....at least for now. Although still nervous about our future too.
yes I would love to see this get onto a better exchange where Sp would go up
Mean while I have topped out on the number of shares I hold in any ccompany
so the Div is goint to add shares in other companies.
GORO was a nice company with a div but now its a penny stoick
Can't keep to many eggs in any one basket
BTW what happened Wed that drove POG up
Stocks also gaped thsi AM
I have AEM which has a gap way back at 44.35 I have an open ored to buy GTC
Not sure what caused that gap either.
2 type gaps break aawway gap and Run Away gap I just can't figure out the one we saw this AM
It looks now like the 44.35 will not fill, but will this new one fill if not we have a iisland.
NO SOUP FOR YOU! Anybody remember the old Seinfeld show line meaning you are getting hosed passed over? Well welcome to the show.....maybe. Anybody seen the cash position of our Fortitiude? Anybody thinking our cost per oz vs the price of AU is awesome? Anybody notice our share price is rediculous? Anybody guessing on what bonus money will be getting distributed in CO? not that its not deserved just wonder what's the reward for us shareholders? At present we have no positive return on our stock price compared to the IPO price even if you add in all the divvies which at this point are nothing more than a return of capital. The big wad of cash is for what? Debt what's that? Strategy? we are low cost making lots of money $$$$$, Anybody remember the divvies from GORO? wow that was smoking hot? BAM those were good and shareholders well rewarded....now where's our Christmas Bonus? not even a penny or two? Yes mgmt does deserve a reward for there efforts but so do shareholders.....do the homework and we shareholders ain't seen nothing yet! add in the taxes on our return of capital (AKA divvies) and we are losing ground. Something needs to change. Retained earnings for what? Our mgmt team was smart enough to grab a excellent chunk of Nevada and we all should be grinning! Not so fast we need to hoard all the money and shareholders be damned! We have have the golden Cow and we need to retain all the earnings.....except for the original hook divvie.....oh by the way how is that stock price doing? Maybe those shareholders are not happy enough to continue re-investing in spite of a +2000 gold price? Are they smelling a rat or just waiting to see how the cheese is going to be allocated....
thanks but looks likke we hit resistance and should back off. Many of the stocks have gaps to fill should be the last buying op when we test the bottom range again The Sharp chart I use shows there is a gap just below 2025 I don't know how to forward post things like that chart JMO
It's the right shoulder of a larger pattern though!
https://schrts.co/upkFwBME
~$9
I see a big head and shoulders over the year chart, and a book value per share of 5.07, interesting as gold jist closed its highest monthly close and this is staying flat.
Hey so why don't you DRAW that up for us / Like SHOW US what you're "seeing" ?
I mean, real chartists DO THAT y'know - Okay ?......They don't simply YAK about things.....
Well, there is a little gap there.
Slow stocktastic should embed today above 80. Traders will add on pullbacks and take cash off at top BB as long as that condition is valid.
https://schrts.co/DxgBbTvE
$6.21!
https://schrts.co/SqvYcFnj
thanks gold is down this AM maybe the top is in again, but
it did get closer to 2100. Should be setting up a buying opp
in a few days jmo
sorry for double poiost I have a a tremor which sometimes interfers
thanks BTW who is Charlie
Will be interesting to see if Gold gets over 2100 due to some gaps in stocks
I don't expect it to this time, but I have been wrong B4
thanks BTW who is Charlie
It's a 20 year chart pattern that may not fully resolve in our lifetimes. Charlie just checked out so I would expect some Chinese stocks to go wonky for a while.
https://schrts.co/RYeynRMK
sure looks like we are at a triple top maybe tommoorow will be the key.
In our area Aldi just went to self check out no one watches tghe door. Sams has self cheeck out then at the door people check 2 or 3 items on the receiopt but Sams is a membership so maybe a litle different. My wife buy clothes on lijne usually Lands end or Eddie Baurre.My daughters do a ,ot on line saves them time no driving in trafice. Walmart and TArget have some items locked and requirers a clerk to come then take it to a register area where you get it when checking out.
Did gold just break out today or is the a 3rd top?
I've only gotten a $500 order of groceries once that I didn't expect. They can't take it back!
Seems to me that they didn't have a loss problem until they did the online groceries and curbside pickup.
If they shut that down, their shrink and costs will come back down to normal! Don't forget the self checkout is driving the customers away because of the unconstitutional searches at the door!
yes I'm 83 and have aches and pains like most of us advanced aged individuals. High School, sports and falling down icce skating on the river.banging up the knees when I was in grade school. NExt year will be our 65th HS year. I was in a boarding school and ended up with the job of keping the class resgister and arranging the reunions. The school closed ain the early 70's. Guys were from all over including some foreign countries. After the school closed we held reunions in Chicago NExt year I fear will be to dangerous. Doesn't seem like anyplace there is
safe now. Retail stores closing Walmart includedd. They never had a proffit at any store in Chicago. To much stealing. I was married in JAn. 1968 and still am to the same lady. I am at my max as for # of shares I hold in a company with FTCO so picked 3 others to work on cmcl, kgc and Sand. I like div stocks and right now so many of the PM's are near lows.
Wife has over 1/2 CHristmas shopping done. She was on line today. Seems there will be a change coming in retail as I heard Walmart say they are going to be closing stors in large cities where they have to lock up so much. They will go to pick up and delivery only. Works for Amazon.
Oldest grandson is in Saudie Arabia he would be a 2nd Semester Sn. at IA State but haad joined the NAtional guard. THe activated his unit in Sept. did some traing in TX for most of Oct. He is in a condstruction unit and is going to be a civil engeneer
Followers
|
20
|
Posters
|
|
Posts (Today)
|
1
|
Posts (Total)
|
462
|
Created
|
02/19/21
|
Type
|
Free
|
Moderators |
We aim to leverage our tight capital structure from which to distribute outsized dividends.
Our strategy targets not only gold investors but the much larger pool of global investor capital chasing dividends and yield.
Fortitude Gold is well positioned to garner both gold equity valuations and obtain the market premium yield valuations.
Substantial dividends seek transcendence from solely a gold equity investment.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |