skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: This mine seems to be in a perilous situation. Bankruptcy is not out of the question I suppose. And now 3 Appian board members have resigned.
The senior creditor is BNP and Appian holds "mega millions" of shares. In March, New Gold invested $25 million and still the sp is falling like a rock.
What is your 2 cents on Harte Gold
Read Answer Asked by JACK on July 22, 2021
Q: Hi 5I.
What is your take on these stocks? Debt level and earnings? Next reporting? Growth potential?
Are they worth keeping?
I bought FSZ for income. Is income safe?
Many thanks,
Dick
Read Answer Asked by Richard on February 07, 2019
Q: As a follow up to my previous question on Harte Gold I am trying to put a value on the resource. They are already mining on a very small scale and have all the inputs in terms of grade and costs. They have a custom milling arrangement in place to expand the ore body. That said is there a calculation i.e. Net Present Value that can be done to arrive at a potential share value if they define 2 Million ozs, 2.5 Million ozs, 3 Million ozs and so on. Can this be done and if so what would be the formula. Thank You.
Read Answer Asked by roland on January 19, 2017
Q: Good Day Gentlemen. Several months ago I started accumulating shares of Harte Gold. I like the project since the President is Stephan Roman Jr. His father was instrumental in developing Elliot Lake and by all accounts was a legend in the business. As such and in step with family tradition, Stephen Jr. has been very prolific in the Canadian mining scene as well. He currently owns 38M shares of Harte and he is the guy running the show. Recently some major players i.e. JJ Capital and Appian Resources have bought substantial positions. I began acquiring the stock at .06 six months ago. The stock is now trading at the .30 range. I love the story and based on my calculations if they define 3M ozs it will move higher. I understand that Peter spent time at Sprott so he would have contacts in the industry that understand projects. Harte is now mining on a temporary license and has free cash flow. They have a deal with Barrick to process the ore in Hemlo. They are about to obtain a mining license etc. They are showing good results in terms of exploration notwithstanding they are cash flow positive on the ore body already defined and being mined. I am not in a hurry to get a response but would appreciate some thoughts on this. Thank you. I appreciate the service and thank you for your insight. Regards
Read Answer Asked by roland on January 17, 2017
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!