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. > Tanker

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Comment by Homestoneon Aug 19, 2021 8:12pm

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Post# 33737788

RE:RE:RE: Tanker

You are right about the exploration drilling.The only way you can prove up ounces is to drill and right now there is no money for that.Profits from mining are supposed to pay for exploration but in this case there are no profits.At least not yet.The debt and the hedging have the company hogtied and struggling to break free.So much potential unrealized.Maybe you are right ,someone will come in clear the debt,buy out the hedging and within a couple of years and maybe 50 million more sunk in be producing 100,000 ounces a year.For many years to come.Or maybe a company with deep pockets will buy all the shares,clear the debt and take the company private.Then they would have no one to answer to but themselves.

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