Hycroft Mining Holding Corp (HYMC): Looks like they impaired the ore on the...

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Hycroft Mining Holding Corp (HYMC)

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Re: kabanch post# 5807

Saturday, 04/22/2017 7:56:09 AM

Saturday, April 22, 2017 7:56:09 AM

Looks like they impaired the ore on the heap leach pads down to nothing at all. The debt is still showing. This info was gleaned from the monthly report that I have seen. There could be a number of reasons for this but right now it does not look good. We know they don't mind just wilfully writing off assets and equity. The mine is currently valued at about $60M.

I'd say we are looking at a total loss right now as it stands, unless something changes.

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Recent HYMC News

Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 08/23/2024 08:10:16 PM
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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
Hycroft Delivers More High-Grade - Expands New Silver System at Brimstone • PR Newswire (US) • 01/09/2024 01:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 01:00:31 PM
Hycroft Regains Compliance with Nasdaq Listing Requirements • PR Newswire (US) • 12/05/2023 01:00:00 PM
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
Hycroft Drills Best Hole Ever - Discovers New High-Grade Silver System • PR Newswire (US) • 11/16/2023 01:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 10:21:04 PM
Hycroft Mining Announces 1-For-10 Reverse Stock Split • PR Newswire (US) • 11/09/2023 09:15:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 09:12:13 PM
Hycroft Mining Announces Third Quarter 2023 Results • PR Newswire (US) • 10/31/2023 08:30:00 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:15:11 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/26/2023 12:30:37 PM
Hycroft Mining Announces Reverse Stock Split • PR Newswire (US) • 10/26/2023 12:00:00 PM
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