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.

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Post by Homestoneon Jul 15, 2021 10:40am

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Post# 33549017

Hedging

Yes,only a percentage is hedged but the way things were going almost all production was hedged.They keep on revising the guidance downward which is not good.Hopefully things are improving in the mining department both in grade and tonnage.I'm hearing the mill is humming after being shut down for a week on account of covid.That was a couple of weeks ago.Cost cutting measures across the board should have an impact on the bottom line I would think.Then of course there is the pesky debt into the mix.Not to mention the ongoing dilution because of millions of free shares given every month for interest payments.14 % interest.Imagine paying 14% on your mortgage.Ridiculous.At the time Harte's back was against the wall and it was take it or go under.All of it adds up to the situation we are now in.A pickle.

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