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Harte Gold Corp. T.HRT


Primary Symbol: HRTFF

Harte Gold Corp is engaged in the acquisition and exploration of mineral resource properties. It is focused on gold properties located in the province of Ontario, Canada. The company's exploration projects consist of sugar zone property and Stoughton Abitibi property. The Sugar Zone Property is located approximately 80 kilometers east of the Hemlo gold camp on the north shore of Lake Superior. It includes approximately 4 mining leases and 336 unpatented mining claims. In addition, it also consists of approximately 29,435 hectares within the Sault Ste. The Stoughton Abitibi property is located approximately 110 kilometers east of Timmins and 50 kilometers northeast of Kirkland Lake.


EXPM:HRTFF - Post by User

Bullboard Posts
Comment by sky50on Nov 07, 2011 4:18pm
233 Views
Post# 19216374

RE: RE: RE: Harte is hurting today!

RE: RE: RE: Harte is hurting today!If the mine is going into production is only one of the  overhanging problems . If you do a little reading on Sedar you will see no mention of production in the next couple of years . For starters Harte only owns 49 percent of the property .They still have to anty up a couple more million to get the rest of the property . Oh yes ,they need that money soon . As of July notes ,  they only had enough cash to drill through to the end of this year and then no dinero's left . Thats right only 8 weeks of cash left .A feasability study alone will take 2 years .Oh yes and then there is the overhanging court cases for 6 million  and the dealings with the not so flow through shares and the Canada revenue serveces .All this info was in the last 6 months filings . I bet if you dig for more  info there is a whole lot else to show why the insiders are not buying .I am in and hope they pull it out of the hat ,but I'm not holding my breath on this one .You win some and you loose some and this is starting to look like a tax sell .
Bullboard Posts