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.

Bullboard Posts

Post by Goldon45on Jan 09, 2020 6:20pm

211 Views

Post# 30536626

I am not quite as confident.

"Liquidity and Capital Management

The Company is currently managing its near-term working capital requirements with funds from drawdown of the Standby Commitment. The Company is also assessing various financing alternatives to support mine development and other capital requirements as necessary for 2020."

If working capital is coming from the drawdown and we are assessing financing alternatives to meet capital requirements, dilution is a very real option. This is a good news release but we aren't in the comfy zone quite yet.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week