Harte Gold Corp. HRTFF

I suppose

[justrelax2]

That this manuever will also put on the table the removal of the hedging program...knowing now that a bona fide operator can take over the whole enchelada, what purpose would continuing with the punishing hedge program have...removing it would certainly improve the financial picture...BNP  put it in place as insurance...we are a bank..we really dont want to call our loan..please make it work..  and we would like a little insurance plan just in case...Silver Lake may not need this kind of insurance..if they want to make a go of it in the long run...and do they want the immediate reputation as dropping out of the Aussie sky like a vulture..the rest of the surrounding countryside will be watching....

[Pknagg]

agree and there are two other large shareholders and ii to talk to, but there is no doubt about what this gold miner is after, more yellow stuff in a safe environment!

[remedy]

Who knows, maybe Appian put this deal together to protect their shares and investment, converts loan to shares. NG, Appian , SL and us shareholders. Big dilution and consolidation of shares 10;1. or other arrangements.

[MudCreeker]

BNP holds those hedges. The description of the credit facilities that Silver Lake bought was pretty specific and detailed, with no mention of the hedges.  I'm interpreting that to mean that BNP still holds them, but I could be wrong.     As a future obligation of Harte, they might be wiped out in bankruptcy anyway.  When they restructure a company, it's