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Harte Gold Corp. T.HRT


Primary Symbol: HRTFF

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

Bullboard Posts
Post by cheerio7on Mar 21, 2016 9:14pm
432 Views
Post# 24686129

have been following this stock for years...

have been following this stock for years...
and have owned it off and on over that time. I even had a small piece when Rob Platt was running the show. Glad I loaded up with a fair wacke of it on its maiden voyage from 10c to roughly 94. Of course I did not catch the high but I did manage to get some off in the mid 80's and the last considerable amount in the high 50's when drilling results started to disappoint. I was then out of it until very recently (say 6mos ago) I started to get a position again after reading of SGR's plans to get rolling with a bulk sample from near surface 10g material. This picture as it was portrayed truly spoke to me as a long time investor and participant in the mining sector. I remember when Steve was running the Glimmer Project near Matheson, On way back when and thought him to be a solid operator with street smarts and mining acumen. Too bad things did not turn out for him there as differences with his main partner on the property and how it was to be managed soured the deal resulting in a parting of the ways and an outright sale of the property. That property is now called The Black Fox Mine and is owned and operated by Primero Resources (who recently bought it from Brigus). The point here is that SGR knows a good deal and only takes on real mining plays. Gold Eagle is another more obvious and noteworthy example due to its success. Steve has stewardship of 100% of this deal so his experiences at Glimmer will not repeat here and so we get to the crux of things...what is in the ground and where does it sit relative to most mining plays out there. At 10g per tonne for a considerable sized resource (500,000 oz. and growing) in its early days it shares attributes with some truly great mines. A common metric over time is that if you have 3 or better metres true width of 1/4 ounce ore (7-8 grams) you have a mine that can get through any cycle. This has remained true over the decades and no doubt will continue to hold true. The Horne Mine, one of the true great Mines of all time and the mine behind the genesis of Noranda (now a part of Glencore), was made up of 2.22% Cu, 6.1 g/t Au and 13 g/t Ag. So there is no doubt that HRT has the grade. The only question is does it have the tonnage to be great and that is a question that can only be answered by time, money and hard work. Now when I say "great" I mean a stock that has the potential to put us all into a whole new class and style of living. Needless to say they are off to a good start with the sugar zone still open along strike and at depth. The contact zone and wolf zones add to the potential but still have to prove out. The Horne was 53.7 million tonnes, a true monster. On the Hemlo front, currently the Williams mine produces 10,500 tonnes per day averaging approximately 5 g/t Au. The Golden Giant produces 1,500 tonnes per day grading approximately 10 g/t Au while the David Bell mine produces 1,250 tonnes per day grading approximately 10 g/t Au. Do these grades sound familiar? Small wonder there has been some chatter as to the sugar z and satellites (contact and wolf)being a "hemlo clone". The homogeneity of the ore also adds to its Hemlo comparative profile. So tonnage at the end of the day will be the key to unlocking all our retirement plans. To get there we need to drill and drill a lot. This brings us to those pesky warrants sitting out there like the party crashers they SEEM to be. Sitting, waiting , lurking. We have had 2 trading days of 20+ c closings. There has to be 10 in total consecutively so by Thursday close nxt week we shall know a lot more than we do today. Sure the announcement will sting at first but likely it will cause only temporary turbulence as drilling plans from the $3plus million collected come to light. This will be where the rubber hits the road and I for one will not be waiting on the sidelines with nothing but my hands in my pockets along with some idle stack of lucre. Stay the course my fellow harte comrades and to those who bought at the beginning of today fear not as you have many real things going for that position you hold. The drilling will reveal many pixels of the truth's picture while the underground drifting will reveal the whole truth. Kudos to the longs for they will have both elements working for them soon and the market, while abhorring uncertainty, basks in the glow of the truth. We have all the prerequisites here, now we see if we have a great mine (3 years of hard work - $10ps), a mid tier (2 yrs - $3.50ps) or doubling what we have already (1-2yrs - $1.50ps). Of course with these assumptions there are a whole host of permits, capex requirements, environmental studies and financing initiatives which must be met. GLTA C7 100k Long and strong
Bullboard Posts