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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 Homestoneon May 14, 2021 7:13pm
158 Views
Post# 33208683

RE:Default on debt payments within 3 months

RE:Default on debt payments within 3 monthsLots of companies use contractors along with their own workforce.That is nothing new.The labour pool is very tight in the mining space and it's hard to get and retain the right workers.As for Appian and BNP taking over the mine ,Appian and BNP are investing and banking companies,they don't run mines.I think New Gold saw the potential and got their foot in the door.Why else would they put in 25 million? Frazer said all options are open including a sale.That could very well happen.There is so much upside potential with the mine and the property but they are plagued with operational deficiencies and financial problems.I couldn't begin to predict what is going to happen going forward.GLTA
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