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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
Comment by rollonon Nov 15, 2017 12:02pm
158 Views
Post# 26968688

RE:RE:MDA we mostly already have Sept 30,2017 Couple of Notes

RE:RE:MDA we mostly already have Sept 30,2017 Couple of NotesLooking at the cash situation and the burn rate SR will need a plan very shortly. He will need at least 30M going into 2018. Im sure its already done so we wait for news. Given the current share price this is perhaps an opportunity for Appian to buy more shares at lower prices therefore lowering their average price and upping their overall ownership. Who knows? Perhaps some other strategy is in the making. But heres how it came down. At the end of Q 2 the balance sheet showed 12.8M Cash. At the end of Q3, 20M in cash. In the interim 25M came in from the offering in early July. So the cash consumption is running ~7M per month not including payables / receivables etc and the net difference. Not to worry. This is going to end well. I love the action. Makes me feel young again. Long and strong.
Bullboard Posts