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Hycroft Mining was ALREADY trading above $150 equivalent prior to Reverse Split, back in 2020 see chart below...
Some need to get the facts strait and brush up on common knowledge and their bull shit math.
Hycroft reached that pps amount with only an older version leach pad system and retaining basins only..
Today's brand new leach pads, retaining system and cells are 10 times the volumes of the past system.
Hycroft is also adding an additional state of the art milling operation with already refurbished crushers and cone crushers with most infrastructure already in place including water and new 345kv transmission lines, towers and power supply.
So in reality, with our very minute share structure here at $HYMC, my estimate could be very conservative since $HYMC has already reached $150 in 2020 with no upgrades or milling operation. Comparing Hycroft Mine to Rio Tinto is a dimwit's relationship as they do not compare in any way shape or form.
Hycroft as anybody can clearly see below reached above $150 in 2020. With all the new improvement and additions, $HYMC when in full operation will easily reach the $150 mark and beyond as we were already there.
$100 Billion market cap for HYMC?????? That’s pretty good for a small non producing mine in Nevada, since Rio Tinto, the world's second largest metals and mining corporation has a market cap of $174 Billion. Just WOW!!!!!!!
Some predicting $150 to $500 pps once commercial operations begin.
We will then see Forward Splits giving back to our shareholders in the future.
I will continue to inform the board with solid proof of what is anticipated since liars claim doom and gloom short selling tactics. It's all a game and in the end $HYMC wins and wins Big! Just know this, Shorters will be Wrecked and the company is so certain about it, memes are being made to let them know in advance.
***** When was the HYMC ( Hyturd ) reverse split announced ? cuz dats the only way this turd sees anywhere close to that number - whoops
ENOUGH SAID
$HYMC will reach $150 again and beyond.
HYMC reached this level Pre Split and will certainly reach it again at restart plans with this now tiny SS.
Note: Warrants have already been factored into share structure and absorbed. When Re-Start is announced, it's lift off. Perfectly Planned and now being executed. Super Huge returns in 2024. Get Ready!
Yes, Shorts are Terrified! Terrified!
https://www.youtube.com/shorts/Ny7u58qnuxw
Better yet, they pulled either 1M ounces of silver or 20,000 gold equivalent ounces for that $47M from processing drill core material with equipment they don't have! Gotta love Shorty...the Village Idiot never fails to entertain.
Silver and Gold Apes! $HYMC
Ahh yes… clandestine mining operations… the best kind.
VP Alex Davidson declared restart Underground Starter Mine at Hycroft, which would contribute to more robust economics and lower initial capital costs generating better value for our shareholders.
Funny they don't mention anything about an underground mine... How many underground refractory silver mines are there? Zero...
Our strategy for #growth is focused on maximizing value by building the right plan for the next phase of commercial operations and strengthening our invaluable resource by finding the high-grade feeder zone. Read the thread for more details 👀👇🏻$HYMC #Mining #MnA #Exploration pic.twitter.com/PNquKHq2uw
— Hycroft Mining (@HycroftMining) April 8, 2024
***** HYMC ( Hyturd ) will need to do a share offering with the massive cash burn it has
ENOUGH SAID
$HYMC 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