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. > Valuing " ounces in the ground "

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Comment by GOBOGOHon Jul 20, 2020 3:17pm

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Post# 31291979

RE:Valuing " ounces in the ground "

It pains me to read these posts. I have made the mistake(a few times) of being overly optimistics and I paid for it. Please do yourself a favour. The data is almost all there. Do a revenue/cashflow projection for the next few years and I believe that you will see that only Appian and royality companies will make money. Also, if they don't meet the production forecasts, Appian will takeover even more. It doesn't matter if there are 2 or 10 million ozs in the ground, the s/p will be depressed due to the lack of free cashflow and the inherent risk of the financial convenants. For the sake of the retail investors, I hope that I am wrong. GLTA

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