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.

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Comment by GOBOGOHon Nov 16, 2020 9:29am

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Post# 31905680

RE:RE:RE:RE:RE:Posts

Homestone, Thanks for the compliment. Anyone potential buyer would not care about the number shares outstanding - 1 billion, 2 billion, it won't affect the offer price. The offtake agreement would have an impact and the debt would if it is not converted - the purchaser would need to deal with these. However, if the price of gold holds and the operations are running well and the reserves are over 3 million oz, then pick a likely purchase price divide by the aniticipated shares o/s and you should he a price per share that is a few multiples highe then the current price. It probably won't be a crazy high s/p but much higher then .135 cents. Compare that to your average price. If you not making much then the hard part comes - do you average down at the current price to make some return.

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