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Harte Gold Corp. HRTFF

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

Comment by Mistyblueon Jan 07, 2021 12:00pm
235 Views
Post# 32242483

RE:RE:RE:RE:RE:RE:Slow and steady

RE:RE:RE:RE:RE:RE:Slow and steadyEveryone should read the PDF release as there are statements and decisions made by the CEO Bourchier which in my opinion suggest a smoke and mirrows element in this report.  One cannot arbitrairily cut out Q2 results because of CVD etc - this is nothing more than a business associated operating problem and funds were expended which IMO have to be included in the yearly operating results..

Consequently, as there are still 366 operating days in 2020 when one recalculates the production results (minus Q2) the quarterly production rates drop drastically to an average tpd of 367.1 and  quarterly production to approximately 33000 tonnes.. Including Q2 will reduce the quarterly production tonnage for the year and therefore reflect a more accurate and realistic mining operation. One would also assume that any gold produced in Q2 would be included in the annual gold sales??

Keep things upfront and this operation will reach the projected milestones..  JMO 


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