Harte Gold Corp. T.HRT

Primary Symbol: HRTFF

Metals & Mining Gold

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.

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Harte Gold Corp.

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Post by FloorsGoldon Nov 04, 2019 2:09pm

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Post# 30306511

Why give up? I'm not

Who runs a marathon just to give up two meters before the finish line?

I feel bad for the people who made the awful choice to sell today, someone got your shares and will hold this just a few Quarters to when this mine is profitable and reap your now lost rewards.

WIll they need another financing to get to profitability?

Maybe, if they do, I don't think it'll be much when your so close to being profitable who cares for another $10 million finance, it's insane to give up when your so close. Like I've said before they have a $7.5 million dollar line of credit from appian, approved around the same time the change of management was decided. In this gold climate, THEY WON'T HAVE A PROBLEM GETTING ACCESS TO CASH, THIS IS NOOOOOOOOOOOOOOOT GOING BANKRUPT.

New management.

I'm excited, Appians already got two heavy hitters elected to the board, I'm curious as to who our new CEO is going to be. From the update I can see that it's 620 TPD coming from the underground on average, It's been improving month by month, Quarter by quarter, now I'm sure they'll focus on bringing grades up as operation improves over the next three to six months. It's probably one of their highest priorities, as grade and ore to surface improve in TPD and G/T, ALL IN SUSTAINING CASH WILL DROP FAST- Maybe it'll be two to three Quarters to see a good trend of ALL IN SUSTAINING CASH to drop, but It's coming.

If theres issues that need to be addressed, Give New managment time to address them.

Did we not do years worth of drilling to prove up the resource?
Did we not do have access to the equity to do all this?
Did we not do years worth of permitting to receive the permits?
Did we not conduct a successful bulk sample?
Did we not raise money to have the capital to build the mine and the mill?
Did we not build the mine?
Did we not build the mill?
Did we not build the infrastructure (and continue to improve the infrastructure) ?
Did we not start up operations and continue to improve operations?

It’s been a bumpy ride the whole time but look how close we are to profitability, we are just a few meer quarters at most.