EXPM:HRTFF - Post by User
Post by
GoldHunter14on Dec 17, 2017 7:47pm
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Post# 27175003
Richmont vs Harte
Richmont vs HarteI've been up and down like a toilet seat at a stag and doe on this one the last few days. Bottom line, look back at the October corprate presentation. Richmont was bought out for 933m (yes stock).
Keep in mind that their gold reserve was only 1.8m oz with a tiny property in comparison to HRT. Even if harte wiffs on the resource update and only puts up 1.5m oz. what does that make the company worth to a take over. 500m, 600m, 700m.
At 650m we are all getting a dollar for our shares. I'd still take that return.
Long and strong, better days to come.
GH.