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Bullboard - Stock Discussion Forum
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.
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EXPM:HRTFF - Post Discussion
Harte Gold Corp.
> Orion
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Fredfudpucker00
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Post by
Fredfudpucker00
on Dec 15, 2021 11:14am
Orion
Can someone explain to me how Orion still has an interest in Harte?
(4)
•••
bufordpusser
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Comment by
bufordpusser
on Dec 15, 2021 11:35am
https://www.hartegold.com/news/harte-gold-announces-first-closing-of-common-share-tranche-for-19-million/ "Pursuant to the Offering, the Company issued a total of 41,088,698 common shares of the Company (“Common Shares”) at a price of C$0.47 per Common Share. Upon final closing of the Bought Deal anticipated on or before January 8, 2018, Orion Mine Finance II LP (“Orion”) will hold
...more
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Fredfudpucker00
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Comment by
Fredfudpucker00
on Dec 15, 2021 3:54pm
Buford,thanks for info on Orion shares. Thought they had sold them already. Orion has some big funds ,but it seems they are now raising money for their 40% ownership costs to develop Greenstone Gold. They have sold off many shares of Victoria Gold including sale of warrants. Orion just sold a gold stream on Greenstone Gold toNomad Royalty to also help pay for their capital costs at
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bufordpusser
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Comment by
bufordpusser
on Dec 15, 2021 11:48am
I also have to ask why big money was thrown at this based on at the time was 155,960 inferred ounces. I understand the retail investor and that this is gold mining but this seems unreal. "The Preliminary Economic Assessment dated July 12, 2012, contains an Indicated Resource of 980,900 tonnes, grading 10.13 g/t for 319,280 ounces of contained gold (uncapped) and an Inferred Resource of
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