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A mining startup is nothing more than a hope or a scam until there is a bankable feasibility study. Where is a link to their feasibility study?
Plus they are currently liquidating much of the equipment for pennies on the dollar that the CEO claims is worth over a billion dollars (if new).
Now be true to form and call me a liar and post more of the same unquantifiable general statements from the company, and unrelated memes that prove nothing. I love all of the stock construction photos you post that have nothing to do with this mine.
$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
The facts are this is a non-producing mining operation, with nothing more than a few drill holes. Before it can be determined if they can be a profitable operation it will take $10s of millions of dollars worth of additional core samples. Then they will need an additional $10s of millions of dollars for a bankable feasibility study. After drilling and producing a study they will need to pull together a $1-$2Billion dollar financing package of both debt and equity funding for construction based on the feasibility study. If determined to be feasible this company is approximately $100 million dollars and several years away from production.
My opinion is that the ore grades for both gold and silver to date are less than impressive, and I doubt they will be able to show profitability as it sits today. Additional drilling may turn that around, but with todays data it looks bleak. That’s probably why they are selling off assets. They have to pay those executive salaries as long as they can.
Fair point and logical conclusion. Only a Russian bot would ignore the facts here concerning Hycroft (HYMC) and continue for years to claim all Central banks have failed and are failing, that the US Federal Reserve was shut down and is closed, and that JPM, WFC, BAC, C and the other large banks are all insolvent and being shut down. SMFH
***** Too funny ! HYMC ( Hyturd ) will go bankrupt again thanks to private equity aka Dianne Garret - whoops
ENOUGH SAID
Restart, Potential underground starter mine at Hycroft
It will cost multiple billions of dollars to construct but probably not soon.
Acquired in 2021, shut down in March 2023. They're selling off all the equipment this year, dumb ass. That same LinkedIn resource I posted is selling their gear too. Check it out, Short Bus. I am buying silver bullion from their outlet in Vegas though, because, you know, they actually mine and produce silver from their other operations in Mexico and Canada.
***** Too funny ! HYMC ( Hyturd ) will go bankrupt again thanks to private equity aka Dianne Garret - whoops
ENOUGH SAID
Stop Lying, Terrified Much? Ancient Article. First Majestic just recently acquired the Jerritt Canyon Gold Mine in 2021 Dip Shit. You don't know shit about what's going on today for either company. Read the filings.
Hey dumbass, you know that First Majestic shut down the Jerrit Canyon mine and roaster facility they own in NV months ago, right? The roaster plant will be dismantled and the site reclaimed. Now YOU are ignore...LMFAO
P.S. You can't build an underground mine on 0.34 gpt gold.
https://elkodaily.com/news/local/jerritt-canyon-mining-suspended/article_741d365a-c76d-11ed-9917-ab65d649d7a3.html#:~:text=First%20Majestic%20Silver%20Corp.%20announced%20Monday%20it%20is,in%20Elko%20County%20in%20order%20to%20reduce%20costs.
***** LOL !!! Precious metals dealer ? ya they buy gold and silver and sell it since they mine none - no revenues means they cant even do that right
ENOUGH SAID
***** LMAO !!! Diane Garrett is private equity - HYMC ( Hyturd ) is destine to fail and file for bk again
ENOUGH SAID
*****WOOHOO !!! OUTSTANDING_HYMC(HYTURD)_RED_CLOSE_TADAY !!!💤
ENOUGH SAID
Stop Lying! Dip Shit! The Underground Restart is mining GOLD. The Silver veins are near the surface. VP Alex Davidson explained this on the website. You're on ignore. Good Luck
OK, Short Bus...the press release (or as you call it "8K filing") only talks about a long shot refractory silver underground mine (no one does this by the way). The information below has hit the street and is confirmed as the HYMC refinery equipment that was never installed 12 years ago. The second refinery was never operational. Seems they would be keeping that needed gear to process all that high grade underground silver! LOL! Feel free to contact this individual to confirm the source of this equipment. I bring the receipts, you bring the bull shit as usual.
Stop Lying! Read the 8k filed on Apr. 3
Why is Hycroft selling the uninstalled equipment for their second large refinery? Apparently, they need the cash...so much for the big expansion plans. They sold their mills and now they're selling the refinery. LMFAO!
Hycroft Infrastructure in place and ready to restart. Underground per VP Alex Davidson 8k Apr. 3
$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
*****WOOHOO !!! OUTSTANDING_HYMC(HYTURD)_RED_CLOSE_TADAY !!!💤
ENOUGH SAID
Thanks That’s Great to Hear & More Powder Added! $HYMC Silver and Gold Apes!
***** BUYER BEWARE !!! HYMC ( HYTURD ) nothing more than a pump and dump wanna be mine company
ENOUGH SAID
Consolidation before next pop. Going to run wild.
***** Agreed !!! nothing but lies , looks like the HYMC ( HYTURD ) dead cat bounce coming to an end
I always knew mining underground soon with Restart coming. Instant gratification as they already know from 8k filing. Huge!
Yep. Just more disgraceful Bullshit coming out of the resident Bullshitter.
***** Na !!! NO LIE PERIOD !!! Its right here " POTENTIAL UNDERGROUND STARTER MINE "
Potential
In the future , possibly , maybe , SMH
Reading skills ???
#STOPLYING
ENOUGH SAID
Much Appreciated Saving Grace You Too! Go $HYMC Silver and Gold Apes!
Ha! Enjoy Saving Grace Ok Thanks! I’m selling Crypto for More $HYMC Silver and Gold Apes!
With the latest filing, It's Mine Baby, Mine! Apr. 3, 8k
Stop Lying! Alex specifically said "underground starter mine at Hycroft"
Stop Lying! It's in the April 3 filing.
https://www.otcmarkets.com/filing/conv_pdf?id=17425150&guid=p9Q-kn8hn_NeJth
*****Potential !!! starter !!!! key words that are meaningless to HYMC ( Hyturd ) - whoops
ENOUGH SAID
Thanks Again, Wow! Drill Baby Drill! $HYMC Silver and Gold Apes!
Potential underground starter mine at Hycroft
***** LMAO Its for exploration not for mining silver or gold !!!
ENOUGH SAID
Underground Mine and would be restart, per filing April 3
Just like I have posted.
WINNEMUCCA, NV, April 3, 2024 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or “the Company”) is pleased to provide an
update for the ongoing 2024 exploration drill program.
The 2024 Brimstone and Vortex drilling is well underway with assays pending on the initial drill holes. This 10-hole program, launched in February 2024, is
targeting the two high-grade underground silver trends discovered in November 2023 (see news release dated November 16, 2023 “Hycroft Drills Best Hole
Ever - Discovers New High-Grade Silver System”). Due to the exciting results achieved, this drill program was launched in February 2024 and will continue
through May 2024 with flexibility to expand the program. The drilling is targeting confirmation of the continuity of the high-grade silver mineralization
between the Vortex-Brimstone trend and the Vortex-Camel trend, expanding both trends along strike and at depth, and enhancing our understanding of
structural controls.
Alex Davidson, Vice President, Exploration, commented “The paradigm is shifting with our understanding of what is controlling the high-grade mineralization
within the expansive Hycroft system. This new understanding of low-angle structural controls has far-reaching implications for the broader district-scale
targets, as well as the high-grade silver discoveries. This has been confirmed through drill data and recent geophysics. This work supports the idea of a
potential underground starter mine at Hycroft, which would contribute to more robust economics and lower initial capital costs generating better value for our
shareholders.”
Mr. Davidson also commented: “The Vortex-Brimstone trend is a series of well-defined high-grade veins that remains open in both directions and at depth. The
Vortex-Camel trend is a structurally controlled system that has become more apparent as we continue our work that also remains open in both directions and at
depth.”
Diane R. Garrett, President and CEO stated: “The exploration and on-going technical work at Hycroft is solidifying our belief that the potential of this asset has
yet to be fully understood. Through our work and on-going communications and marketing to the investing public, our story is resonating positively and we are
pleased to see that reflected in the recent performance of our share price.
“Not only does our team continue to deliver incredibly strong exploration results, fueling this project forward, but they also continue to demonstrate a
commitment to health and safety at site continuing to maintain a 0.00 TRIFR.
HYMC, Next Target, The Moon!
https://www.otcmarkets.com/filing/conv_pdf?id=17425150&guid=p9Q-kn8hn_NeJth
***** BUYER BEWARE !!! HYMC ( Hyturd ) pump and dump in effect
ENOUGH SAID
Value & Volume Spikes! Dips and Rips! $HYMC
LMAO! So, now HYMC is somehow a "subsidiary" of AMC? More accurate to state that AMC invested around $28 Million in grossly overvalued shares of HYMC, and that, even after the recent bump in HYMC's share price, Adam Aaron and AMC are currently (-73%) on that ill-fated investment in HYMC, which recently again confirmed that it has had no mining operations whatsoever since 2021, and that it had no revenue whatsoever for calendar years 2022 and 2023. SMFH
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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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