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Harte Gold Corp. 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 DOHxclamationon Apr 05, 2019 6:15pm
122 Views
Post# 29590402

Did anyone read the sedar dot ca MD & A and Financials

Did anyone read the sedar dot ca MD & A and Financialsfor 2018 and 2017?  There is a lot of information to read there.  I believe the greatest issue is the matter of debt to Appian that is due May 9.  Once that is resolved, things should improve in terms of cashflow.  Of course, Appian being restricted in ownership % will likely expect concessions.  This is what striking a deal is all about.  Compromise, give and take and hopefully a win-win deal will see a price rise.  Appian's warrants recently issued are at 51 and 50 cents, they are not here to lose their money.  Ditto for the Sprott deal except those payments are due in 2020 and onward.  Appian is due in a month.
Bullboard Posts