IKN

Take physic, pomp

Harte Gold (HRT.to) at ten cents

It’s the right price for patient people. NGD didn’t buy in for the current production outlook, or even the 2020 financial results.

Disclosure: No position.

3 Comments

    Have to admit, I took a small flyer upon NewGold investment thinking there might be a bigger story here, but the “sugar zone” drilling was not so sweet. I sold the small loss and put it all into Foran. Its going to take a perfect mine plan with this narrow vein deposit- maybe one day They will figure it out, but better things to own in the mean time.

    Reply

    Have to admit, I took a small flyer upon NewGold investment thinking there might be a bigger story here, but the “sugar zone” drilling was not so sweet. I sold the small loss and put it all into Foran. Its going to take a perfect mine plan with this narrow vein deposit- maybe one day They will figure it out, but better things to own in the mean time.

    Reply

      I ran the numbers on HRT on Renaud’s move, HRT isn’t going to impress anyone financially in 2021. But it’s steadied the boat, now they can make better plans for 2022 and beyond instead of COO playing constant catch-up to CFO. I liked Renaud’s move, btw. Prudent risk.

      Reply

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