Monday, July 27, 2015 2:15:32 AM
I've already questioned why they did that, as it makes no sense, if the company is worthless then no-one would want to bid, so why apply for an extension?
Anyway. Lets wait and see what the EC can come up with.
The company was losing money because of debt and low gold prices were not enough to maintain those debt payments. As stated they produce at 800oz. They closed the mine to save cash during the C11 process.
Wait and see....
Recent HYMC News
- Hycroft Exploration Program Defines High-Grade Mineralization Controls • PR Newswire (US) • 04/03/2024 12:00:00 PM
- Hycroft Announces Year End 2023 Operating and Financial Results • PR Newswire (US) • 03/14/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 01:00:17 PM
- Hycroft Announces Start of 2024 Drill Program Targeting High-Grade Silver Discoveries • PR Newswire (US) • 02/13/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 09:05:44 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 01:00:31 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 11/28/2023 01:36:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 01:05:34 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 10:21:04 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 09:12:13 PM
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