Fortitude Gold Corp (FTCO)

[jsc52033]

I am 82 and have made my share of blunders and got lucky on some others.
My dad bough land in WY from the widow who woerked for him. He llet her keep 1/2 the mineral rights. Then there was an ad in a paper about investing with a firm to get simultaneous mineral rights. I was maybe 16 and orderd a book about these mineral rights offereing. You had to be211 to file. I ordered a dry hole map of WY and the monthly offerings. I wacthed to see wich parcels were won and by who. Aftera a few months I saw that there were psrcels in some that would only get 4 to 10 applying. and the winners were mostly the same ones over and over. Seemed like a small group who knew the area. I had my dad bid on a couple every month but we were not winning just the group. We wrote our congress man and satted the law of avergaes is if there are 4 participants there should be at least one win in 4 attempts. Wee soon began winning and oil companies would wrtie offering to lease. Over the years some of those did hit oil. But the simulaneous game ended.

My gandson was born in 2001. I saw an add for 1/4 oz Kugarands in proof condition price was $99 I bought 1 for him The limit was 2 sI asked the agent if I could have more he said I could have 6 they weren't sell very well. That told me gold was likely at a bottom. Then I bought $500 worth of silver coins from a local dealer. Then I began going to pawn shops and buying any gold or silver.
The last silver I bough was silver rounds at $15 I figure I have enough physical metal in case we do get into barter ssituation. Things are pretty screweed up They are building any new refineries and these old ones need work They say we have a 25 day supply of diesel. Without diesel everything will shut down. To many government restrictions on building newe ones. Just more government interfference in the channel of distribution.
I have not drawn any funds from my Roth or my wifes. Only take the rquired min from the IRAs and reinvest taht back into tthe Roths which I max out everry year. Having taxable earned income allows us to do that. Having a corp and placing eveerything in it except our home allows us to take taxable fees or borrow as needed. Having tilable farm ground we rent gives the corp income as well as stock div.
I was in real estate aand in 1976 I attened a 2 day seminaar by Charles Ray Cosidine who had been the CPA for the Starker family that did the 1031 exchange which was contested as it was drawn out and not done simultaneously. He told us there are 100 ways to take cash out of a corp. I don't remember all of them but he had a long list. We have our CPA balancing the tax situation between the corp and us. We pay them more than we pay the IRS.
this is getting to long and the Iowa State Oklahoma game 1/2 time is over