Replies to post #219 on Fortitude Gold Corp (FTCO)

[Lowjack]

Cash is King in a liquidity crisis! Jason will either make sure he's under the $250K FDIC insurance limit per Bank, become new shareholder of said Bank, or buy equipment for mine expansion.

The key is having the cash to keep your options open.

Stock price drop is due to some shareholders being liquidated due to margin. It is ill advised to be short with a P/E less than 15! All dips in POG are to be purchased from here forward!

[jsc52033]

I suspect that cash will go towards the purchase of another gold/silver property which will keep this company running