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. > Looking Back

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Comment by JAB1987on Jul 22, 2021 2:36pm

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Post# 33590926

RE:RE:Looking Back

Same opinion here around risk. The underlying value of ounces in the ground has been unchanged for several years. The company has always been poorly run and always been a significant risk as a complete loss of capital.

That being said there is no way that interest in the asset is zero. HRT would sell for 500M no problem so there would still be equity for shareholders in such a sale. Also they just took another changeover shift so if they were done the wouldn't still be bringing workers in.

HRT has had a 90-100M market cap for 5+ years. It's under that now and I'm a reluctant but regular buyer.

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