OTCPK:GWAXF - Post by User
Post by
zentrarianNZon Dec 14, 2016 6:55pm
232 Views
Post# 25601292
Harte of gold
Harte of goldBTW, I noticed that our neighbors at HRT have just arranged a $25M financing package, much of which is to advance commercial production in late 2017, but apparently some of which will also go toward further exploration. Its reassuring to know that even they feel that you can't have too much gold on the books.
Both of these Timmins companies have small, high-grade resources, and are aiming for organic growth instead of shelling out huge capex costs. And both have impressive land packages and the potential for a district-wide, multi-mine operation. HRT is more advanced (although maybe only by a year or so?) and I can't help thinking that HRT is a little better managed and a bit more aggressive in their progress . (FD: I'm a shareholder in both.)
At any rate, any newbies here could look toward HRT as a good barometer of where GWA is heading - or at least aspiring to go.