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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Harte Gold Corp. > Debt/Gold Hedge program /NSR

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Post by johnttocon Apr 18, 2021 8:13am

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Post# 33018464

Debt/Gold Hedge program /NSR

Debt/Gold Hedge program /NSR
Back in 2017 there was some shareholder equity
Now:
when you look at the current Debt owed and see the company forced into
- giving up NSR
- limiting a portion of the upside with the Gold Hedges
- higher interest rates
- Special shares arrangements.
- Somewhat Complex arrangements with lenders

I get it
what was the companies alternative
but
I have to ask...why are these insiders and third parties buying the stock.....in my view it is a roll of the dice...do NOT risk more then you can afford to lose... I have to admit...I'm still undecided
DYOD

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