Replies to post #232 on Fortitude Gold Corp (FTCO)

[jsc52033]

what you are saying is when they have gold don't sell it hold it That is a great idea expecially at these low prices. Then when they do need funds to expand a mine or open a new one they can sell some of the metal if they have run low on cash.

[Lowjack]

This why!
https://www.fortitudegold.com/news/news-releases/fortitude-gold-reports-third-quarter-net-income-of--17m-or-007-per-share

This what happen if you don't keep control of your money!
https://www.globenewswire.com/news-release/2022/10/31/2545028/0/en/PureGold-Obtains-CCAA-Protection.html

You be into the 2nd quarter before scavenging BK's start. Then 6-18mo.

Hey, if the Fed is tired of paying the daily repo rate on the money market, they are more than welcome to lower interest rates before we need to hold an economic funeral!