Harte Gold Corp. HRTFF

RE:RE:RE:RE:RE:RE:RE:RE:What is the pecking order!

[MudCreeker]

Here's something to watch for, when the announcement comes:  Sometimes, bad news for the shareholders is good news for the company, but the market misunderstands, and the immediate reaction in share price is positive.  That can give an opportunity to a nimble share holder. 

I once worked for a company that went through "restructuring" - in that case it was creditor protection.  There was a very real threat that the place would shut down, which would be devastating for the community, so everyone in the area was very concerned.  The share price drifted down to $0.01 as they played the brinksmanship games in the negotiations.  Finally a deal was announced that saw the company continue to operate under new ownership, but the existing shareholders would get nothing.  The community breathed a huge sigh of relief, and the shares immediately went to $0.25!  A 25 bagger on news that they were absolutely certain to be worthless!  Markets can be stupid.

Of course that quickly reversed, but anyone hanging on hoping against hope for a sunny outcome had a brief opportunity to salvage something.

Not saying that is going to repeat here - there aren't as many uninformed eyes on this story, and good information is more widely available these days - but it's something to watch for.