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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Post by ballot123on Dec 10, 2020 12:58pm

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Post# 32077596

Further Thoughts on the "Hedge"

The more I think about this hedge issue, the more I think the term "hedge" has been improperly attached to a feature in our lendinging agreement that more resembles a roayaly than a hedge.
I've seen some hedge requirements( on farm crops for example) but the lender was never entitled to the proceeds of such price insurance( maybe in the event of a default but that's not the case or terms here). Can someone clarify my muddled thinking ? Maybe someone from the banking industry ?

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