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Bullboard - Stock Discussion Forum 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... see more

EXPM:HRTFF - Post Discussion

Harte Gold Corp. > Stock price
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Post by Bullet247 on Jan 13, 2021 4:48pm

Stock price

Hi . Pretty new here, i like all the info thats been posted. Im long time investor here thats been through the bad. I finally broke even. Just kept buying when it was low. What is everyone's input on how hight this will go. 


thanks

Comment by wawaont on Jan 13, 2021 5:33pm
If grade can stay above 7, gold stays above 1800, and they get throughput up near 800 tpd they will be able to put their financial troubles behind them. If they can find a bit more money and also increase proven reserves I don't see any reason they can't 1 billion market cap within a few years. Assuming limited dilution going forward, this could mean a share price of around $1.00. Appian ...more  
Comment by Camaroman on Jan 13, 2021 5:33pm
I say look at the all time chart, look at where the price of gold is going....I'm saying 1.23$ by 2022
Comment by wawaont on Jan 13, 2021 6:13pm
No one knows where the price of gold is going. Best guess is to use current price.  All-time chart doesn't account for the constant share dillution. It looks to me like market cap peaked in April 2017 at about 355 million. With current outstanding shares market cap would hit the same level at about $0.40. 
Comment by Paray99 on Jan 13, 2021 8:58pm
You are absolutely right. In my guess, it is hard to go above 500M market cap for this company. So, anything above 50 cents is a good call.... unless they hit other resources and come up with a better evaluation.