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So would I, but I doubt it would get that low even if they did the right thing
Hycroft is not milling sulfide commercially. Period end of story. Anyone telling you something different is spreading misinformation.
They are heap leaching whatever was left over from when they put sulfide on the leach pads to test the heap leaching of sulfide method. The tests showed it was uneconomical. No new ore is being placed on pads the next few quarters will be disasters.
They pivoted and are an "explorer". Basically looking for another story to sell stock to pay themselves back high interest rates they saddled the company with.
Depends on the strike price. If they adjusted the strike down to $0.50, I would convert at tomorrow's opening bell.
It's in the filings LoL, SMH
SMH, Diane Garrett will let us know how far they have come as the 8k explained every bit of that with the massive upgrades and new equipment and crushers.
Obviously. when the mine is operating 24/7, it's for a reason.
Billionaire investors are here for a reason. Eric Sprott wouldn't be here otherwise.
I have a question for HYMCZ holders. If the exercise price were priced correctly (and I don't know what that number should be, but I believe much less than the $40s) who would convert at these prices???
LoL, Shorts covered last week with the last decline of -18% and the week before with -17%. 3.8 mil left to cover. That's it
They know they better, otherwise, why cover. The writing is on the wall.
https://shortsqueeze.com/?symbol=hymc&submit=Short+Quote%E2%84%A2
Here we go with the shorts again, lol.
No it didn't, Hycroft is still mining/processing today. 24/7 non-stop operation.
BullShit! I posted the 8k that proves that's-BullShit
Everything is crystal clear. Hedge Funds already covered and shorts not paying attention will be crushed hard.
https://fintel.io/doc/sec-hycroft-mining-holding-corporation-8k-2021-april-22-18739-733
No active mining, no fleet, no active drilling, less than 50 people on site.
Needs:
Mill, flotation, autoclaves - $1.2B
Mining Fleet - $350M
350-400 people
Can't heap leach sulfides. Need high grade to pay for mill and mining equipment. Other than that, it's a rocket ship to the moon for sure.
Agree, it's a rolling turd.
Go HYMC;)
No...
YOU NEED A MILL TO PROCESS SULFIDE
HYCROFT DOESN'T HAVE A COMMERCIAL MILL
THE MILL THEY WOULD NEED COSTS A BILLION DOLLARS MINIMUM
Everything else is propaganda
Make sure to do your own due diligence and review the company, hedge funds that own the stock and their trading strategies.
Can't believe it ever hit $3.10, much less got any recommendations. Can absolutely believe it hit .93 today, and it will go much, much lower. Let's remember that just 1 week prior to the announcement of the investments by AMC and Sprott, this turd was trading in the .30 range. And, it has no currently active mining operations.
LMFAO! Unless or until HYMC re-starts operations and resumes mining operations the price of precious metals is irrelevant here. It ceased operations and laid off the mining employees in late 2021, which was well after the out-of-date April 2021 8-K you posted earlier.
That was last year LoL To comply with SEC 10% holdings.
There no big deal with that as it's a minute amount. SMH
Exactly, with processing operations ramped up since 2020-21.
SMH I just posted the 8k from 2021 for all to see the truth. This operation all ready restarted for some time now.
FUD won't work here. We all know what we have with excellent management with a combined hands on experience of 200 years.
We're in great shape.
It's all in the 8k
https://fintel.io/doc/sec-hycroft-mining-holding-corporation-8k-2021-april-22-18739-733
Can you believe this was recommended at 3.10 and today it hit .93? Geesh!
Lets go HYMC!
Could not agree more!
Buy the dip. We all know Gold and Silver is being held back so the central banks can load up.
https://www.gold.org/goldhub/gold-focus/2022/07/central-banks-add-more-gold-month-may
Gold is the Standard.
When it was $49.90 it was because of the Hunt brothers. Look at what happened to them.
At some point the manipulaters (sic) will have burnt fingers. Hopefully it's sooner than later. There is toooo much upward pressure.
In my opinion.... EVERY CEO running a mining company that has not spoke out against this manipulation is guilty of collusion when it comes to their tolerance of said manipulation and should resign...
I would site the 900+ million JP Morgan/ Chase paid for manipulating the silver market in 2020...
https://www.nasdaq.com/articles/jpmorgan-to-pay-%24920-mln-fine-for-manipulating-precious-metals-treasury-market-2020-09-29
de hello....
I have no proof.... just how is it that silver, which is used in almost all electrical applications is under $20.00 oz when it 's 1980 high was $50.00... 0 reflection of all the inflation since.... manipulated
Sorry, your going to have to spell that out
WHAT I DON'T UNDERSTAND. Oil is down to $96.??, stocks is down 12 out of 14 weeks, we have Joe Biden, the worst president ever. INFLATION, RECESSION, 11,250.000, unemployed, Russia and China.
So why is the United States greenback high and gold and silver heading south?
WHAT I DON'T UNDERSTAND. Oil is down to $96.??, stocks is down 12 out of 14 weeks, we have Joe Biden, the worst president ever. INFLATION, RECESSION, 11,250.000, unemployed, Russia and China.
insert-text-here
Date of that 8K is April 2021...insert sad Trombone sound. ZERO tons mined in 2022, ZERO tons fresh ore processed in 2022.
8K says it all. Current mining operations. Huge!
https://fintel.io/doc/sec-hycroft-mining-holding-corporation-8k-2021-april-22-18739-733
When is it? Date - What is the short interest on this now - hope it does not go under a $1.00
You are correct again. In the Ausenco techical report they stated that when the transition to the pox milling processing was holted in 2019 that only oxide ore was placed on the leach pad. That is what they are and have been processing from 2019 until now. I guess the (they're not miming crew) think that the sulfide ore just somehow magically disappeared.
The company has plenty of sulfide ore that has already been mined on hand. Sulfide ore is what they need for the Merril-Crowe plants to process. As I stated in a prior post, Merril-Crowe processing need fewer personnel for operations and maintenance.
I beiieve that the M/C plants are in operations or very close to full operations. We will find out if that is the case on next quarters report.
By the time a major mining operation is announced, many people will be left behind, If that is what they are waiting for.
Second Quarter earnings will speak for itself. Massively!
Bingo! So true. HYMC may very well return to the 30 cent (.30) range where it traded one (1) week prior to the announcement that AMC and Sprott were investing significant sums of money in new dilutive shares in HYMC.
Sub dollar this week. Currently no reason to buy.
They obviously do not have 200 employees.
109 were let go when mining operations stopped in late 2021.
Zoominfo contains duplicates and some that you can see from linkedin no longer work there, and i would linkedininfo a lot more.
Linkedin says 100 as i recall and there were about 60 in the picture.
A smaller workforce right now also means a lower monthly operating expense until commercial mining operations begins.
They are not actively "mining" but after downsizing continue processing ore from the pads as long as economical to do so.
In 2015, they had ceased production but continued processing ore on pads for 3 years following into 2018.
During the 2019-2021, they only put the oxides on the pads, but set aside the transition and sulfide materials they encountered for future processing.
There should have been an updated study from Ausenco with the feasibility, but there are post covid caused delays in getting results from the testing labs.
They need the updated flowsheet to fine tune the recoveries and update the mine plan.
Specifically some variability testing on the transition materials.
It is why we see M&I resources not P2 reserves at the moment. Once the results are in and flowsheet updated, then we can see an updated pfs.
Should be close to having the variabity results, then can get an updated results from Ausenco. I think I saw they also bid out for another report.
In the meantime, they also still have already mined but not processed materials.
Looks to me they are hiring a senior exploration and another exploration geologist to report to their current chief geologist.
Sounds like something to do if you are about to look at the rest of the 98% of the land.
I looked and do not see other open positions for the company, but looks like they have had a lot of applicants and interest in these positions.
Hycroft corporate updates explaining the massive expansions and current mining upgrades with current mining activities.
http://www.hycroftmining.com/?page_id=283
Please post links to the information on the resumption of mining activities. Nothing is listed on the Hycroft site like you mention. ZERO tons mined and processed in 2022. The Hycroft heading on their website clearly shows they are a development company, not a mining company
The "new" MC plant was built in 2012 and is not operable. The quantity of crushers you mention is incorrect. The photos are pretty ancient. Everyone in the State of Nevada knows this.
The mining equipment photo shown is a link from duckduckgo of a coal mine in Indonesia. I can send you a photo of an actual gold mine if you'd like? No mining, no exploration, no value...sub $1.00/share is coming fast unless they get going.
Updates are on the website. Everything is equipped. 2 New Crushers and 4 updated cone crushers, 2 New Shovels, New Leach Pads and Brand new Merrill Crowe processing plant.
Everything has been made public. Hycroft with 172 million capital raise, with Billionaire precious metals investor Eric Sprott and AMC, did everything that others couldn't. Everything is on the website.
Start to finish. Eric Sprott and AMC didn't invest 172 million for nothing. LoL SMH
CEO Diane Garrett, wearing a Rocket Lapel pin.
The Hearing I attended in 2020 in Las Vegas - We will have the same settlement hearing soon for Hycroft Mining. Allied Nevada for the old Allied Nevada shareholders from 2015 https://www.alliednevadasecuritiessettlement.com/Content/Documents/Proposed%20Order.pdf
Hycroft milling ore would be incredible since they don't have a mill... How many tons mined and processed in 2022? I'll answer for you, ZERO.
It's a new beginning for Hycroft. Excellent-Times are upon us!
All new commercial processing plant, mining equipment and Merrill Crowe processing team of employees. 175 employees now recorded on Zoominfo and hiring, daily.
Together with 172million in funding through capital raise with Billionaire Investor of precious metals, Eric Sprott and AMC. Hycroft can now, mine and process Gold and Silver, without delay.
It's a great time for Hycroft as they are now doing what others could not do before.
Thank You CEO Diane Garrett and precious metals investors.
Hycroft has been milling ore for two quarters. Shorts covering fast.
Wow what a horrible ending. 3 months, $100,000,000 vanishes, without a trace. Those AMC guys have more money than brains. Or had. Maybe after all their money is gone, they will have grown a brain. Doubt it.
They can't ship any gold because they aren't making any...the pad is draining down and they are less than 2000 ozs/month. The Hycroft site is only posting two positions for exploration Geos. The Zoom list is pre-layoffs. Less than 50 people remaining on site and rumor has it that the CEO's brother is the GM. No conflict of interest there.
http://www.hycroftmining.com/?page_id=2153
They aren't producing. ZERO tons mined in 2022, ZERO fresh ounces placed in 2022. No significant drilling completed in 2022.
Short % Increase / Decrease -18 %
Short Interest (Current Shares Short) 3,840,000
Shares Float
Short Interest (Prior Shares Short) 4,710,000
https://shortsqueeze.com/?symbol=hymc&submit=Short+Quote%E2%84%A2
Short Interest in Hycroft Mining Holding Co. (NASDAQ:HYMC) Decreases By 17.2%
ETF Daily News|16 days ago
Short Interest in Hycroft Mining Holding Co. (NASDAQ:HYMC) Drops By 16.0%
ETF Daily News|31 days ago
Hycroft Short Interest have been covering all month. The shorts not paying attention to what's going on will pay the price.
Short sellers about to be taught a serious lesson about the facts of life. A full uncontrolled panic is all I see.
Gold and Silver shipments of bars on their way to the Mint. I posted the article with pics. The last ones hired were all Merrill Crowe positions!
Zoominfo up to 176 employees either called back or hired. Indeed has several open positions and even Hycroft website has management positions available.
It's all systems Go!
McDonalds hiring for those who didn't get called back.
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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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