EXPM:HRTFF - Post by User
Comment by
sky50on Nov 07, 2011 4:18pm
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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 .