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.

EXPM:HRTFF - Post by User

Harte Gold Corp. > Morningstar

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Comment by justrelax2on Dec 21, 2021 2:16pm

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Post# 34251471

RE:Morningstar

Just a guess but maybe Morningstar, with it's experience and access to info, estimates that any successfull transaction with a " bidder ", will provide enough in the bid to cover the liabilities of Harte with 3 cents paid to current shareholders....that should mean a " bid " of over $200 million for the whole nine yards...OR it could mean a fair value of about $ 330 million ( about 1.1 billion shares outstanding times 3 cents per share ) which would translate to about 14-15 cents per share....am I close OR way off ? reaching for straws here... any other guesses

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Investors eye Australian gold mining projects amid promising developments