Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

Everyone is not in decline or imploded? Really?

Really, lets take a look at the commodities sector:

1: American Eagle Energy. Did a bond offering Fall 2014 for $175 million, missed its first interest payment Spring 2015 and then filed bankruptcy. Common shares are wiped out and the bonds look like they will recover about $70 million out of $175 million.

2: Quicksilver Resources - Filed bankruptcy and common shares wiped out plus most of the unsecured debt is lost.

http://news.investors.com/120915-784458-freeport-joins-anglo-american-in-halting-dividend.htm?ven=yahoocp&src=aurlled&ven=yahoo
3: Freeport-McMoRan (FCX) just eliminated its dividend and is cutting capital spending by $200 million.

4: Anglo American said it would suspend its dividend, reduce its workforce from 135,000 to less than 50,000 and cut its assets by nearly 60% on "radical restructuring."

http://blogs.barrons.com/incomeinvesting/2015/12/09/after-kinder-which-mlps-might-cut-their-dividend-next/?mod=yahoobarrons&ru=yahoo
5: KMI cut its dividend 75% and a number of other MLPs are expected to cut their dividends.

6: Newport mining is at $19.45 and off over 25% from its 52 week high of $27.

http://www.fool.com/investing/general/2015/12/09/why-anglogold-ashanti-limiteds-stock-fell-25-last.aspx?source=eogyholnk0000001&utm_source=yahoo&utm_medium=feed&utm_campaign=article
7:

AngloGold Ashanti Limited's (NYSE:AU) stock fell a hair over 25% in November. It's down around 50% from its high for the year reached in February.

8: Barrick Gold Corporation (ABX) is off 43% from its 52 week high, at $7.71 from its 52 week high of $13.70.


9: Randgold Resources Limited (GOLD) is one of the better ones. It is only off 25% from its 52 week high at $63.02, off from $85.84



Yea, the commodities sector looks like it is going great!

I can't imagine why Allied Nevada Gold went bankrupt.

It must have been a conspiracy!

Louis J. Desy Jr.