Harte Gold Corp. T.HRT

Primary Symbol: 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. > BNP wants their gold

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Post by petersburggrayon Dec 02, 2021 8:36pm

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Post# 34192872

BNP wants their gold

All BNP sold to Silverlake was the ca. $60mm in Harte loans and accrued interest denominated in worthless fiat. Silverlake PR on deal doesnt say how much they paid BNP for Harte first lien defaulted debt, only state they did not pay more than face amount plus accrued interest...BNP probably sold defaulted first lien to Silverlake for pennies on dollar so Silverlake would operate mine and pay BNP gold stream owed. BNP probably could not come to agreement with Appian sharks so brought in Silverlake, that have mine operation experience and $321mm cash on balance sheet, to do BNP dirtywork. Likely that HRT shareholders including sharks at Appian get zero (Appian deserve it given how mercenary they have acted). Silverlake get mine for pennies on dollar and BNP get their gold.

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