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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. > This story is far from over
View:
Post by justrelax2 on May 21, 2021 7:21pm

This story is far from over

A subtle reminder that our mine and claims sit on  5 - 6 BILLION CDN $ of probable ,recoverable gold.......THAT WE KINDA KNOW ABOUT.... In a rising gold price enviroment ...  debt over above ground assets..just about a draw.....leaving  likely 5-6 BILLION   PLUS $ of gold within reach....we will get our sh_t together eventually....hopefully in time for me to benefit before I join the underground
Comment by Flyhi2004 on May 21, 2021 8:35pm
June 30th the company will get its $hit together when they default. All they have to do is pull the pin and the debt is gone and Harte becomes a new company with the unsecured creditors and debt gone and I think the hedging is gone to so the next owner has a huge win. Do they want to do this no..but if they don't get the money what choice will they have. The new owner won't pay up as they ...more  
Comment by justrelax2 on May 21, 2021 9:36pm
Epic rant there Fly......yes  and  maybe.....life is about choices.....hold or hit the sell button  !!!
Comment by Homestone on May 21, 2021 10:09pm
Yes,good post Fly.A lot more than I could think of at one time lol.How it will all play out is anyone's guess.I'm not hitting the sell button.Ride it to who knows where.
Comment by wictor11 on May 21, 2021 10:14pm
Homestone- y defend hrt and mgnt, I understand having hope and I agree with sentiment but this is not an exploration company, we've been in productions for a while ranked as a high grade gold mine and still can't pull a profit??? It doesn't add up. Just saying 
Comment by Flyhi2004 on May 21, 2021 10:40pm
Can anyone following this POS stock say where the 25 million cash they just received went to that now requires another 22 million just to stay afloat to year end pending the new plan executes to perfection. The new plan actually is up in the air as the infill drilling now required to say where the ore body is going needs to be better defined still. This is to ensure they don't mine areas they ...more  
Comment by Homestone on May 22, 2021 6:43am
Wictor you are correct,we are a miner not an exploration company,in production since Jan 8,2019.So much has transpired since then it's hard to put a finger on where it went sideways.I'm sure being shut down for Covid did not help the bottom line.Twice a management change,the transition to our own workforce,the list goes on.It is what it is,jump up and down,rant and rave all you want.Blame ...more  
Comment by Specific on May 22, 2021 9:39am
What's the next chapter you ask.  a good guess is chapter 11
Comment by Homestone on May 22, 2021 9:56am
You may be right for all I know.
Comment by Homestone on May 22, 2021 10:05am
Expect the worst and hope for the best.That's all I can say.Clinging on to life by the skin of our teeth.It ain't over until they say it's over and that hasn't happened yet.Where is the shadow? Maybe he knows.
Comment by Fredfudpucker00 on May 21, 2021 10:30pm
Justrelax, this is not the first time I have heard you tell someone to hold or sell. Even though it's easy to tell someone what to do with their shares, I don't think it's your place to do that.
Comment by wictor11 on May 21, 2021 10:07pm
Fu$$ yeah Fly - feel the same. Hedge should have been a big red flag to us shareholders, so much for investing on what CEO's tell us, this is total  bullsh$$$ with gold prices at almost $1900US we can't even beak even. Fu sr
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