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.

EXPM:HRTFF - Post by User

Harte Gold Corp. > After the Long Weekend

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Comment by wawaonton Jul 31, 2021 1:50pm

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Post# 33637243

RE:After the Long Weekend

The path to profitability is there. Its just getting the TPD up and hitting the increased grade as they get deeper. This requires some capital so I think the best outcome is being taken over by a mid-sized company that can afford to get through the hedge, debt , and invest some money to get operations streamlined. My guess is that there is some potential for this to happen but some of the numbers thrown out here seem way too optimistic. I think a transaction that values Harte shares around 15 cents and where we receive stock in the purchasing company is about right. If this happens I'll gladly hold those shares as eventually Harte can add 500 million+ in value to its purchaser within 2-3 years. I expect shares will keep jumping around 7-9 cents on Monday based on the probability of the scenario I have described but really tough to figure out lately.

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The Market Online’s Weekly Gold Report – July 3, 2024