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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 rollonon Apr 12, 2017 3:30pm
519 Views
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.
Bullboard Posts