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Harte Gold Corp. 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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Post by Flyhi2004on Feb 22, 2020 8:21pm
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Post# 30721964

Guidance for 2020

Guidance for 2020
Seeing how Sam and the boys won't release any information I will.

Sam disclosed guidance for 2020 of best case senario 1450 AISC per once for the year. This equates to a 3 million dollar loss if production meets guidance for the year on the hedge and no other issues. This is best case senario...3 million loss for the year on the hedge alone. Double that to 40000 oz per year production and we loose 6 million a year.

Strange as it is Steve that said 8 months ago that  at 40000 oz a year AISC 900.

Can anyone explain the increase as there appears to be no answer for this. Some say AISC will drop with production increase and I agree as that is a no brainer however lets talk about our Buddy Steve who said at 40000 oz a year our projected AISC is approz. 900/oz.

WTF changed....
Bullboard Posts
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