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. > Looking at it

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Post by micromikeon May 27, 2021 7:55am

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Post# 33274061

Looking at it

I'm looking at Harte. I did a little bit of research.

Looks like equipment down time was a big problem. Does anybody know if the equipemt they use is really old?

Employee shortages was a big issue. That's hard to fix.

I don't like the fact that they have a $1491 hedge price on gold. I can’t find anything regarding the hedge. Does anybody know the terms of the hedge?

New gold has a 15% stake in them. Does any other company have a large position in them?
The reason I ask is that with these cash issues. Anybody with a large stake might have to be forced into supplying more money to keep them from going belly up or else take them out and get rid of management and hedging.

I think the only reason I would buy is the chance that their drill program will hit something good. The only problem is that they are running into cash issues. Time is not on their side

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