Harte Gold Corp. T.HRT

Primary Symbol: HRTFF

Metals & Mining Gold

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

Harte Gold Corp.

Bullboard Posts

Comment by HarteofGoldon Nov 20, 2017 6:23am

203 Views

Post# 26994275

RE:Options - Per M&D

I would hope that we do not see any financing done until the 43-101 is released.

Harte has 20 mil CDN in cash and cash equivalents plus 6 mil CDN in working capital so they are good for a few months.

If you use an average grade of 9 gm/t in the 40,000 tonnes with a price of $1,280.00 US an ounce for gold that yields 14 million US x 1.25 cdn to US = approx 18 million CDN

My biggest fear is that we will see more share dilution to raise capital.

Maybe Appian will increase their position in Harte. Appian is presently at 19.9%

Bullboard Posts

Gold, growth and sustainability in focus for Mandalay Resources