EXPM:HRTFF - Post by User
Post by
Goldon45on Nov 20, 2019 12:33pm
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Post# 30374314
It is a tough time to be a retail investor in HRT.
It is a tough time to be a retail investor in HRT. We have 2.0 million ounces of gold in ground and a mill already in place. There have been a few issues moving and mining stope ore. We had a cold weather start up issue that has been addressed and labour issues that are being addressed.
We now have a fully dedicated senior management team with the experience to turn things around.
As I stated previously, the last quarterly report is a historical document. It does not reflect current reality. We have not had a quarterly report yet that was based solely on mine ore. It has been supplemented with low grade ore.
The property is massive and there is a lot more gold on it. Sugar zone is great but there is more.
Don't be fooled by the guys intentionally bashing for their own desired purpose. Use your head and read the reports of past years just to see how far this project has come. Stephen Roman and his team have done a remarkable job of getting the permitting, exploration, mine and mill construction etc completed on a miniscule budget. If this was a Barrick project, we would have no results because they have the pockets to get everything done and in place before commencing operations. Junior miners don't have that luxury.
I am long on this one and with good reason. It is really frustrating and scary to watch the sp plummet but it really means nothing right now.