EXPM:HRTFF - Post by User
Comment by
rollonon Mar 30, 2017 7:44am
230 Views
Post# 26050480
RE:RE:RE:Strange
RE:RE:RE:StrangeRats a little history.The President of Harte Gold through to 2012 was a fellow by the name of Robert Platt. Platt did a deal with Corona to explore the Harte property in early 1990. In the interim Corona sued Hollinger relative to legal title to Hemlo claims. I remember Don McKinnon (who discovered Hemlo along with Larche) telling me that he was paying $2,000.00 a day in legal fees because he also got caught in the crossfire. Long story short there were so many legal shenanigans going on over the Hemlo property that the focus on the Harte property was lost. To add fuel to the fire, Mr. Platt was also embroiled in a legal battle concerning a Silica play (nothing to do with Harte) in the Smooth Rock area. Platt, while President of Harte, was involved in other ventures totally separate from Harte. The Silica suit is still not settled and is the longest mining litigation on record in Canadian Mining history. Platt was also involved in questionable flow through transactions. Stephen Roman, a board member of Harte at the time, organized a boardroom coup and fired Platt. Platt sued Harte and this is not yet resolved. Platt has had serious medical issues. The reason that the Silica play has not been resolved was partly due to the fact that he could not appear in court. He is on his last legs after suffering a couple of debilitating stokes. Once SR took control of Harte he bought out Corona and starting doing some serious work on the Hart Claims. The Peacock rocks were discovered and early drilling was promising. The rest is history. Certainly SR purchased shares at a very low price. In my opinion the share price was not manipulated but rather a reflection of the mismanagement that took place over the years. Good for him. Mr. Roman has had the insight and panache to properly structure this project and move it forward. In short we finally have a management team that is giving this property the attention it deserves. Its all good.