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.

Bullboard Posts

Post by TAPickson Nov 22, 2010 7:53am

376 Views

Post# 17737585

Ascending Triangle

Even though the indicators are almost overbought, I like the Ascending Triangle pattern on Harte Gold and the increase in volume on Friday's close. Not quite considered break out volume, but perhaps accumulation in anticipation of a break out. The apex of the triangle is about a week out and I've been had before where the stock broke out before the apex and I missed the boat! Technical Analysis is not a 100% accurate science.

I would make entry as it move above the red line on the chart (at
.73) with a stop loss the raising lower trend line. Initial target would be next resistance line at
.93 (which was set back in 2004) for gains of 27.3%. The next resistance line above
.93 is at $1.14 and was also set in 2004.

See chart here and other weekly picks here.

Cheers!

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