EXPM:HRTFF - Post by User
Post by
arh0070on Dec 07, 2021 9:22am
212 Views
Post# 34205625
Silver Lake
Silver Lake There is an old expression "cash is king" ,Silver Lake had the cash and Harte ran out of it .
The mine will prosper and become profitable but it will take a lot of money and experienced management which Silver lake has .How much this will cost Silver Lake will be revealed in there next Quarterly accounting .
The jobs at the mine will be preserved and likely more created .
Appian likely had to take a significant haircut (no sympathy for them).
NGD has lost 25million .
I lost money on Harte believing NGD knew what it was doing .
No doubt heads will fall.
I own Silver lake so hopefully eventually will make the lost money on Harte on Silver Lake shares and using tax losses.
The small mining business is brutal and many companies simply do not survive .Harte will go into the ash bin of history along with many other small miners..