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Just looked at the GORO 10K ending December

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Neverhadawinner   Wednesday, 02/24/21 09:36:03 PM
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Just looked at the GORO 10K ending December 31, 2020.

It is a very confusing 10K with lots of words but short on numbers. As for FRTT, page 67 of the 10K addresses the 2020 Income where FRTT earned $10.69 million in net income. The balance sheet presented was supposed to compare 2019 to 2020 but no 2020 figures were presented. Page 68 reflects FRTT cash flows which were good.

Other information found in broker websites indicate the GORO level of institutional investors as a percentage of stock owned dropped from 46% to 40%. Mostly Capital Management firms along with some insurance companies pulled out. 34 sold their entire positions and 31 added GORO to their portfolios.

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