EXPM:HRTFF - Post by User
Comment by
rollonon May 22, 2018 5:48pm
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Post# 28066038
RE:Classic Shake Down
RE:Classic Shake Downballot123 wrote:
Canadian and US Harte volume extremely low. Every single share sold had a buyer, of course. I'm sure some folks had stop loss orders out there that got tripped. Of course you should have a price below which you don't want to own anymore. The only problem is, sometimes the price dips for a short time only then rebounds. Is that how you want an important investment decision made for you by strangers who want your shares badly ? Without any news, the stock price is likely to suffer some, but isn't that the whole name of the game? GLTA. Ballot I appreciate your posts. I will give you something to consider. Sprott is doing the financing to the tune of $50M. In order to do this financing a considerable amount of DD needs to be done. That said Eric Sprott is the Chairman of Kirkland Lake Gold. He owns 16M shares minimum. The biggest shareholder by far. A renowned gold investor and extremely successful busiess man in the mining space. He speaks people listen. That simple. On that note KL has a mine in Timmins and Kirkland Lake. Also operations in Australia. KL shares have gone from $9.00 to $24.00 in the past year. Do the math on Sprott. KL is only a small part of his portfolio. Harte, over and above White River, has the Stoughton property 50K from Kirkland Gold. If KL did an all share deal for a producing mine (instant cash flow and accretive) plus all the exploration upside in White River and a great property in Kirkland Lake district that could make sense. If you had all the intelligence on the potential mine it would make even more sense and make an offer very simple. Something to consider has we move forward. Its all good. Connect the dots. This is only one example. Time is the issue. Long and Strong.