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Not yet, Dip Shit. The fins clearly say where we're at, with the Mine plan. If you're confused, read the filing again. They're waiting on more drill results to determine the best possible milling set up prior to mining. POX testing was completed with remarkable results of 93% from the before 80%.
Investors know what's going on and are delighted.
ROTFLMFAO! HyTurd's (HYMC) 10-K just out for Q4 and the full year 2023 expressly confirms, once again, that it had NO REVENUE , whatsoever, in 2023......ZERO......ZILCH.......NADA! And, no active mining operations. So, let's quit posting disgraceful Bullshit here. Directly from HYMC's 10-K:
News Out! Shareholder update!
Hycroft Announces Year End 2023 Operating and Financial Results
WINNEMUCCA, Nev., March 14, 2024 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces operating and financial results for three and 12 months ended December 31, 2023.
Diane R. Garrett, Hycroft President & CEO, commented: "The year culminated in a significant step-change for the Hycroft Mine, following two years of steady, meticulous work by the team. We always believed there was more to the Hycroft deposit than what was previously understood, and by taking a fresh look at the data and target development we have made the discovery of not one but two new high-grade silver trends within the known resource area. This is incredibly exciting for the future of Hycroft and we intend to accelerate drilling in 2024 to continue expanding on these discoveries."
Ms. Garrett continued: "We cannot wrap up the year without emphasizing the commitment of our team to ensuring the health and safety of everyone at site. Throughout the year Hycroft's stellar safety record was recognized through numerous industry accolades and we closed out the year having completed two full calendar years with a Total Recordable Injury Frequency Rate of zero. Additionally, we advanced the engineering studies for the next phase of operations and delivered robust metallurgical results demonstrating significant improvements in recoveries for both gold and silver. Overall, a strong year that added meaningful value to this world-class asset."
2023 YEAR-END HIGHLIGHTS
Operational Highlights
New high-grade silver discoveries: In late 2023, Hycroft announced the discovery of a new silver system at Brimstone as a result of reviewing historical data with a fresh perspective and completing necessary ground-based geologic work to identify what controls the mineralization at Hycroft. Drilling at depth intercepted the best hole ever drilled at Hycroft (H23R-5753 returning 85.3 meters of 534.29 g/t Ag – see news release dated November 16, 2023, for more details). In addition, as a result of further drilling, two new high-grade silver trends were delineated with well-defined, continuous high-grade veins averaging greater than 137 g/t, including areas of very high-grade (> 2000 g/t Ag) (see news release dated January 9, 2024, for details). These discoveries represent a significant new value driver for the Hycroft Mine that the Company is following up on with additional drilling in 2024.
Exploration: With a focus on enhancing project economics, approximately 11,000 meters of reverse circulation ("RC") drilling and 4,000 meters of core drilling were completed on targets within the known resource area as part of Phase 2 of the 2022-2023 exploration drill program (the "Drill Program"). An additional 2,000 meters of core drilling focused on high-priority exploration targets outside the known resource area, defined by the hyperspectral work completed in 2022. Final results are pending.
Technical Report: The "Hycroft Property Initial Assessment Technical Report Summary Humboldt and Pershing Counties, Nevada" was filed with an effective date of March 27, 2023 (the "2023 Hycroft TRS") in accordance with the U.S. Securities and Exchange Commission's Modernization of Property Disclosures for Mining Registrants as set forth in subpart 1300 of Regulation S-K. The 2023 Hycroft TRS is available on the Company's website at https://hycroftmining.com/hycroft-mine/mineral-resources/ and at www.sec.gov/edgar.
Metallurgical and Variability Test Work: The Company completed a substantial portion of the metallurgical and flotation variability test work necessary for designing a sulfide milling operation, establishing (i) a comprehensive understanding of how each geologic domain will perform during operations and (ii) the processing components and reagents required to optimize gold and silver recoveries. Metallurgical and flotation tests produced promising results, with confirmed average flotation recoveries increasing to 89% for gold and 93% for silver, up from 80% for both in the 2023 Hycroft TRS. These findings inform further process development and refining of crushing and grinding studies. Combined with data from the Drill Program, these results will guide mine plan design, mill circuit configuration, and ore haul truck specifications, among other engineering considerations, to enhance the value of the Hycroft Mine.
Corporate Highlights
Safety: During 2023, Hycroft reported no lost time accidents and in the second quarter of 2023 the mine achieved one million work hours without a Lost Time Incident. In addition, on December 31, 2023, Hycroft concluded two consecutive calendar years with a Total Reportable Injury Frequency Rate of 0.00.
Balance Sheet: The Company ended 2023 with $106 million of unrestricted cash, including $9 million received from a reduction in cash collateral associated with the project reclamation bond, and was in compliance with debt covenants. On January 5, 2024, the Company voluntarily pre-paid $38 million of its senior secured debt with Sprott Resource Lending, leaving an unrestricted cash balance of approximately $66 million at that time.
Equity Activities: Hycroft maintained compliance with Nasdaq Capital Market's minimum share price rules by effecting a 1-for-10 reverse stock split effective November 14, 2023, and reactivated the "at-the-market offering" program raising gross cash proceeds of $1.1 million before deductions of commissions, fees, and expenses.
(Previous year shown below...)
***** Wrong ! Hyturd mines no gold or silver and its very likely they never will - whoops
ENOUGH SAID
*****LMAO ! Wrong ! whoops ! If planned and purchased today, would exceed well over a billion dollars. Meaning as of now its not period -- WHOOPS
#STOPLYING
ENOUGH SAID
Terrified Boogeyman Banks know, $1.2Billion invested, preparing for massive commercial operation.
A second Refinery is on site with everything in place. Hycroft Mining is transitioning to a massive commercial operation.
Hycroft is expected to have a workforce of over 500 when it's said a done. All infrastructure is prepared, in place and ready.
Hycroft Mine Expansion Winnemucca, Nevada
SMG provided conceptual, final mechanical and structural engineering and design of belt conveyors including transfer structures and chutes. A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.
http://www.smgengr.com/material-handling-systems.html
A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.
Massive belt conveyors including transfer structures and chutes.
CEO Diane Garrett said; We have a tremendous amount of infrastructure already on site at Hycroft Mining Holding Corporation – infrastructure that, if planned and purchased today, would exceed well over a billion dollars. That advantage means we’re ahead of the curve of a typical developer.
https://www.linkedin.com/company/hycroftmining
SMG massive conveyor system.
http://www.smgengr.com/material-handling-systems.html
Hycroft Mining: Infrastructure and Equipment Owned by Hycroft
***** Gold is the standard what ? No matter Hyturd mines none - whoops !
ENOUGH SAID
***** Spoiler Alert !!! its 2024 Hyturd mine is idle - whoops
ENOUGH SAID
Hycroft Mining activities 2022 Corporate Highlights:
***** LMAO ! This was a bankrupt company and its heading there again - all da promoting in the world wont change it - whoops
ENOUGH SAID
Hycroft Mine is developed and was already a mining and producing company.
Our share structure is already locked tight and the only way to get shares is for retail to sell, as fabricated phantom shares to borrow has dried up for short sellers to manufacture and manipulate.
These short selling Central Banks and Hedge Funds are crashing all over the world and they are in a full panic as their crooked fiat Swift system is over. We are going back to a Gold Standard with the QFS and the crooks of Wall Street can no longer rig our currency.
Hycroft Mining is transitioning from a Heap Leach to both Heap Leach and a massive milling operation. Bashers know this and simply want to scare retail into selling. Nobody is selling at this point and 5 new institutions were added last quarter.
Hycroft will be back to full operations soon enough with pin point accuracy from the ongoing, massive drilling drilling operation,hitting the gold and silver rich targets right out of the gate.
Exploration and development companies (aka HYMC) that don't mine or generate revenue will likely never see an order of magnitude increase in their stock price regardless of large increases in commodity prices. Only fools, foreigners, and village idiots think otherwise...
$HYMC Shareholder $AMC Stock Short Squeeze update - Warning Signs Are 500 Banks on the Brink of Collapse?
The traders are swinging this one. RSI at 70… patience…
Look how the Bashers went crazy from "Pouring" LoL
There is soon to be massive pouring, non stop. $HYMC Power, will go to $50 then $100 and up, very soon
I heard they may even begin forward splitting past $100 after a massive gold dividend is payed. Then the masses will join the party and we will skyrocket way past $100 pps. Institutions are already getting their spot at these basement prices. Even Allied was over $40 with 10 times the share base
This stock is going to rocket.
https://hycroftmining.com/gallery/photos/
***** Longs are terrified
Hyturd BK coming
ENOUGH SAID
New pics at Hycroft Mine. Pouring.
https://hycroftmining.com/gallery/photos/
***** What is Hyturd going to restart ? core sample drilling ? sure isn't mining operations - WHOOPS
ENOUGH SAID
***** LOL , Is that what these 2 CEOs are doing , making a drive-in theater where the idled gold mine is , another blunder by these greedy CEOs
ENOUGH SAID
***** LMAO , Only thing happening with both companies is bankruptcy -- whoops
ENOUGH SAID
ROTFLMFAO! We have been hearing your predictions of Central Banks being insolvent and all sort of other major banks going down or out of business for years now and it is just as much total Bullshit today as it always has been. You might want to learn how to read and interpret financial balance sheets. In any event, this POS ticker HyTurd is floundering because it is nothing more than a dormant defunct mining company that currently has no active mining operations and no revenue. Gold is trading at or near all-time highs and HyTurd is trading at around $1.98, which equates with less than 20 cents pre-RS. SMFH
#JustMoreDisgracefulBullshit
***** LMAO ! Central banks are not holding back Hyturd from mining gold or silver - whoops
ENOUGH SAID
Stop Lying! Nobody is that stupid dumb. Boogeyman central banks are what's holding back silver and gold but not for long.
Hycroft is currently transitioning from Leach Pads to a Massive milling operation. Bash all you want. Nobody believes anything you post.
Manipulating Central Banks are insolvent and crashing hard.
Bingo! spot on big!
*****LMAO ! Wrong ! whoops ! If planned and purchased today, would exceed well over a billion dollars. Meaning as of now its not period -- WHOOPS
#STOPLYING
ENOUGH SAID
Pictures of new crushers being built. Dip Shit basher calls it a "dam" like a fool.
https://hycroftmining.com/
$1.2Billion invested, preparing for massive commercial operation.
A second Refinery is under construction with everything in place. This is a massive commercial operation.
Hycroft is expected to have a workforce of over 500 when it's said a done. All infrastructure is prepared, in place and ready.
Hycroft Mine Expansion Winnemucca, Nevada
SMG provided conceptual, final mechanical and structural engineering and design of belt conveyors including transfer structures and chutes. A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.
http://www.smgengr.com/material-handling-systems.html
A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.
Massive belt conveyors including transfer structures and chutes.
CEO Diane Garrett said; We have a tremendous amount of infrastructure already on site at Hycroft Mining Holding Corporation – infrastructure that, if planned and purchased today, would exceed well over a billion dollars. That advantage means we’re ahead of the curve of a typical developer.
https://www.linkedin.com/company/hycroftmining
SMG massive conveyor system.
http://www.smgengr.com/material-handling-systems.html
Hycroft Mining: Infrastructure and Equipment Owned by Hycroft
Every picture is from https://hycroftmining.com/ Dip Shit
lol. he's got pictures of a dam and a sewage treatment plant. who is the bigger crook?
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Hycroft corporate office is located in 4300 Water Canyon Road, Unit 1, Winnemucca, Nevada, 89445, United States
https://www.zoominfo.com/pic/hycroft-mining-corporation/9474776
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