Hycroft Mining Holding Corp (HYMC)

[goldschlager16]

Thanks for your insight Richcc71. The reality from my point of view with the Officers is the same now as it was prior to the massive down slide in share price just before bankruptcy. The problem with the Officers is that Buffington's shares prior to bankruptcy were pretty much "free" to him as options and any stock the other directors had they sold long before bankruptcy proceedings (over $30/share). Throughout all of this, the Officers/BOD drew fantastic salaries that they set for themselves. Bankruptcy wiped out those Officer/BOD "free" shares but the reorganization resulted in the same CEO (Buffington), CFO (Jones) and Investor Relations person (Thoms) retaining their positions and massive salaries, coupled with bogus bonuses after restructuring. I admit that I, myself, was foolish to ride this stock down the tubes but all of us who are still here and own warrants would be even more foolish to think that anything else was happening other than these three Officers sucking this cash cow all the way to death. I do appreciate the DIP but they could easily take over complete ownership from a mere default and the only winners will have been Randy Buffington, Stephen Jones and Tracey Thom and the DIP. I think we can only hope the DIP are people who want to make more money than just break even and they want their cash sooner than 5.5 years form now. On another note, the mine continues to auction off equipment (Google news feed) so I find it difficult to believe they are actually mining at all.