EXPM:HRTFF - Post by User
Post by
rollonon Apr 12, 2017 3:30pm
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Post# 26114336
The Situation
The SituationAs I mentioned in previous posts Harte will do an Issue to fund the Mill and the Operation for the balance of the year. This will come in at ~.70 range. The situation needs to be set up. We are little dogs. As such 1) we know what we know 2) we know what we dont know 3) we dont know what we dont know. On the other hand the big dogs 1) know what they know, 2) know what the little dogs dont know3) dont know what they dont know. Big difference. As such the private placement will come from a big dog. It will be palatable at .70 because the stock went as high as .87. Now once that takes place we get a news release a few weeks later. This will be positive and the price goes back up probably ~.85 to ~.90 range in quick order. Think about the scenario. Would a big dog invest in a private placement at .65 to .70 if he doesnt know? Of course not. Its all good. Patience required and good days ahead. All that has been announced is bullish. SR needs a bit more cash to grease the wheels. He can get this done on what he already knows. The big dogs chow down and the little dogs get good scraps. The nervous Nellies get fd. Thats it in a nutshell. Once we get the nod on 1M at the sugar and 3M becomes possible and in the crosshairs the Net Present Value accelerates.