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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. > A working mine
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Post by Flyhi2004 on Mar 17, 2021 11:59am

A working mine

.14   WoW.   900 MM shares out. We should be higher than this even with the amount of shares out. We are valued lower then MoZ and others and they have no working mine and just gold in the ground. Thier share price based on amount of shares out is much higher than ours taking all into consideration. They are not the only ones either... Guess it pays more to not build a mine and pull it out of the ground.

A working mine at 14 cents a share.....   WoW
Comment by Camaroman on Mar 17, 2021 2:33pm
I agree and only the companies and major investors accountants would know why it is best to keep the share price soooo low that it doesn't make sense.....but I say 3 years 2.60$ 
Comment by Homestone on Mar 17, 2021 2:53pm
That's a pretty bold prediction camaroman.I mean that sure would be nice however that share price would value the company at over 2 billion.The only way I see that happening is a huge find on the property in the near future that increases the value by that much.I suppose it doesn't hurt to dream as long as it doesn't turn into a nightmare.I don't see how it could get worse than it ...more  
Comment by ballot123 on Mar 17, 2021 5:32pm
You've never been this bullish, Cman, is this price based on soaring POG or new discoveries, or both?
Comment by Camaroman on Mar 18, 2021 8:32am
Good question ballot....when I look at the average mine and how they are run (not very well at all) and then I look at at the long term strategies of Appian and also how Harte is being set up to run (quite very well) it gives me great confidence for the future. When I compare surrounding mines share prices, share count and ozs produced while keeping in mind the asic of each mine I get about 2.60$. ...more  
Comment by ballot123 on Mar 18, 2021 10:50am
I've never had a clearer, better answer to a question, Cman, on this BB or any other. Thanks much.
Comment by EZMINING on Mar 17, 2021 4:32pm
Fly, you've been around long enough to know why this is 14 cents. They are buried in debt, hedged till 2023 and to top it off, operating at a loss. A lot will have to happen for them to turn this thing around, which i hope they do. Im averaged in at .39...... time and more time is required!
Comment by Specific on Mar 18, 2021 10:41am
MOZ is a large holding of mine, currently cheap at 2.50 there will be a mine there Marathon's Board of Directors has approved a 2021 Exploration Program comprising 52,000 metres of drilling at a budget of C$10.5 million