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. > 1200 TPD

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Comment by Homestoneon Dec 29, 2020 3:54pm

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RE:RE:RE:1200 TPD

Not to be sarcastic but maybe you should read about the money situation.It is not good.23 million is peanuts in this business .They are not going to be able to meet their financial obligations to make loan payments and will have to refinance .Borrow from Peter to pay Paul so to speak.There is a huge payroll that must be met as well as many other expenses.Remains to be seen what will become of it all.It would be nice to capitalize on a higher gold price by increasing production and who knows ,maybe they have figured out a way to make it happen.In a couple of weeks we will have 4th quarter results and an update on operations.I'm sure there are going to be improvements all around but there is still a long tough slog to get through to the other side.Of the ledger book that is.Out of the red and into the black.

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