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.

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Comment by Goldon45on Nov 16, 2019 3:44pm

88 Views

Post# 30360700

RE:RE:RE:BK candidate

Operational history doesn't tell a pretty story for sure. Of the things you mention, labour is my only concern. The cold weather issues were addressed last winter and yes, another extreme winter will have a detrimental effect. If needed, it would be in Appians best interest to shore the company up. With the commission, the $10mm float and gold hedge, PNB is pretty safe. That is a concern but not if the operations issues are resolved.

Management has had too many distractions with Silvermet and Global Atomic to be effective managers at HRT. I will give management a chance to turn things around over the next two quarters. I am still 3x investment on this.

Only you can determine you risk exposure so yes, do what is right for you.

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