Fortitude Gold Corp (FTCO)

[KansasCrude]

Show Me the REAL $$$$ AKA PROFIT. At this point its fair to ask will we ever make any $$$ in this stock? Gold prices are still elevated now at $1772. We are sitting with a bundle of cash near $40 MILLION and new low cost production ramping up. Existing production is declining but still exceeding what we though we had. The story is still compelling. Stock price continues to stink like dead fish. Now that's not just FTCO its many companies in the space. If you do the math we have seen the price of FTCO decline in pretty much in linear compassion with the dividends paid. So we are close to even NET. Except we keep getting the divvie but the stock price declines by the same amount....that's a dud IMO. We get to pay taxes on the loss of our principle via the divvie being taxed. That's cruel and unusual punishment
Meanwhile NO CAPITAL GAINS. Just a taxable divvie to lull us to sleep while lowering the stock price in near perfect harmony...Awaken we are getting screwed over. I don't think its on purpose but its reality.