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. > Harte careers

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Comment by Homestoneon Sep 04, 2021 7:45am

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Post# 33814162

RE:Harte careers

Good observation Fred.I think most will agree that the company will not go bankrupt.I think most will also agree that Harte will have a difficult time continuing under the Harte banner.IMO another mining company with deep pockets will come in,wipe the slate clean and start anew.The mine will be profitable for many years to come.What killed it for Harte was all the different agreements that sucked money out of the company.Interest payments,hedging,offtake agreements,net smelters,the cost of Covid etc,etc.It all adds up to negatively affect the bottom line.Which is why we are where we are.Stuck between a rock and a hard place.,

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