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Harte Gold Corp. HRTFF

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

Comment by Homestoneon Oct 05, 2021 4:27pm
287 Views
Post# 33968664

RE:Put more simply

RE:Put more simplyWith the given situation and the fact that Harte is between a rock and a hard place you have to be ready for an outcome you may not like.The bank wants their money plain and simple.Harte needs more money to continue operations and to move forward with expansion.Is someone willing to put yet more money into the pit ? A  buyout maybe? Who knows. This has to come to a head soon because they can't run in the red much longer.
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