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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
****** Apparently the market is not buying this HMYC ( Hyturd ) BS and PPS is reflecting that sentiment - whoops
ENOUGH SAID
CEO Diane Garrett First Earnings call following Restart
https://packaged-media.redd.it/ia8klgvnrazc1/pb/m2-res_480p.mp4?m=DASHPlaylist.mpd&v=1&e=1715547600&s=5c5e26ce97c0a9e8876d9370e7fcd9b22683ea16#t=0
***** Theres no mining going on at HYMC ( Hyturd ) period
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
Meh, what's 3 Billion $$ to the Apes...probably take 7-10 years to permit if lucky.
Ah, the joys of trying to build a refractory silver mine and processing operation... 🤑🤑🤑🤣🤣🤣
Hycroft begins testing the roaster process at Hazen Research Laboratory, Inc. in Colorado. $HYMC pic.twitter.com/LBq5fUiMKW
— Hycroft Mining (@HycroftMining) May 31, 2024
***** LOL short selling Boogeyman banks ? got any thing that links them to HYMC ( Hyturd ) or just more conspiracy theories ? Which London bridge fell ? got a link ? EO ends short selling ? NOPE ! short selling is part of the market and always will be - whoops
#TERRIFIEDLONGS
ENOUGH SAID
We wait for the future news
https://www.kitco.com/news/article/2024-05-30/gold-holds-steady-traders-focus-tomorrows-pce-price-index-report
She rises as short contact holders cover their positions and buyers buy physical commodities putting more pressure on the market
GLTA
Yes and Short selling boogeyman banks are terrified as we can barely tell.
London Bridge has fallen down. Bank runs have begun.
New EO puts an end to short selling going into effect soon.
Gold is the standard. Silver certificates to be reinstated.
***** HYMC ( Hyturd ) is being destroyed from within ny distressed credit investors including CEO - whoops
ENOUGH SAID
Now we wait for the confirmation news
Of the sale of assets and the
transfer of funds and stock
To HYMC
GLTA
Yes, I contacted Fiona and waiting for reply. The last time, they made an announcement with the filing.
Transitioning to a commercial milling operation with restart could be anytime with the underground pocket mine.
It's beginning to get really exciting. I can't wait for new Hycroft coins as the last batch has already more than doubled in value.
Silver Stacking and loving it.
Remember this? You should remove that post as fake news.
Today, it was announced that Chesapeake purchased a patent / license from Hycroft on a novel leaching technology developed under prior management. This process was not successful at Hycroft and is not in our plans moving forward. There was no reason to continue with the… https://t.co/pq1zNkfPKj
— Hycroft Mining (@HycroftMining) May 24, 2024
***** Well heres what I know ! HYMC ( Hyturd ) no matter how many photoshopped pics are out there its heading for massive dilution then bankruptcy when insiders / private equity are done milking retail investors - WHOOPS !!!
ENOUGH SAID
Silver spoon JL says
The economy that we feel is disinformation
https://www.foxnews.com/media/john-legend-claims-black-voters-leaving-biden-because-masculinity-disinformation-economy
Buy more silver and HYMC
I say
I’m waiting for the confirmation of the HYMC news from its asset sale
GLTA
***** Well heres what I know ! HYMC ( Hyturd ) no matter how many photoshopped pics are out there its heading for massive dilution then bankruptcy when insiders / private equity are done milking retail investors - WHOOPS !!!
ENOUGH SAID
Interesting project that HYMC sold and had a prior royalty payment from in Mexico
https://chesapeakegold.com/wp-content/uploads/Chesapeake-Gold-Corp-TSXV-CKG-OTCQX-CHPGF-M3-PN210035-Metates-PEA_NI-43-101_Rev-2_Amended-13Jan23.pdf
Valuation rates are referenced to $22 per Oz silver which now is selling for $31 and change
But we are waiting for regulatory approval for confirmation of payment for HYmCs deal
GLTA
***** Hycroft Mine ( Hyturd ) bankruptcy coming sooner than expected - Buyer Beware
ENOUGH SAID
HYMc is waiting for the confirmation and Canadian regulatory approval for the asset sale, stock offering and monetary payments
10% more cash on hand soon
Deal worth 7m$
GLTA
Hycroft Mine Restart coming sooner than expected. $HYMC
Short selling European Central Banks Terrified & Crashing.
CEO Diane Garrett First Earnings call following Restart.
https://packaged-media.redd.it/ia8klgvnrazc1/pb/m2-res_480p.mp4?m=DASHPlaylist.mpd&v=1&e=1715547600&s=5c5e26ce97c0a9e8876d9370e7fcd9b22683ea16#t=0
Posted 3/2023 and made a stickie to boot…..LMFAOOOOOO
“ Smart $$$$ knows the jig is up here.” They do? LMFAOOOOOOO, have you ever been right?
“Hyturd appears headed to a new 52-week low near term.” Now just when was that to happen?
I think you posted to the wrong board, Nioturd is where these should have went…….🤪🤣
***** Well heres what I know ! HYMC ( Hyturd ) no matter how many photoshopped pics are out there its heading for massive dilution then bankruptcy when insiders / private equity are done milking retail investors - WHOOPS !!!
ENOUGH SAID
Review 10q
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318296313&type=DOC&symbol=HYMC&cdn=6a44e762e162aa6ebdf57b92f6085daa&companyName=Hycroft+Mining+Holding+Corporation&formType=10-Q&formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&dateFiled=2024-05-07
Looks like the royalties from this deal was
600k per quarter
So they sold the 2.4m$ per year royalties for about 6m$ Maybe 7m$
Hum
But cash is king
GLTA
Perfect, as Hycroft transitions to a milling operation.
Hycroft sells intellectual property
1.8m$ or 2m Canadian
And
Over a 1m shares of CKG on tsx
Must hold 4m and 1 day before selling
https://chesapeakegold.com/chesapeake-gold-announces-agreement-to-acquire-intellectual-property-rights/
Deal to close 30 May with Canadian Regulatory approval
GLTA
Diane R. Garrett , President and CEO of Hycroft, commented: "We are incredibly pleased with Hycroft's inclusion on the Solactive Global Silver Miners Total Returns Index as it is an important achievement and comes at a time of strong tailwinds in the price of commodities."
As noted in Solactive's Global Silver Miners Total Returns Index Guideline, companies included on the Silver Index must have "significant business operations in silver mining" with either "significant revenues generated or expected to be generated in the future either from silver mining or closely related activities (i.e.exploration and refining of silver) and a free float market capitalization of at least US$60 million ". The index is comprised of up to 40 companies that meet the criteria specified in the guidelines and includes international companies active in exploration, mining and/or refining of silver from across the industry and varied geographic locations. Inclusion in this Silver Index reflects the Company's growth and accomplishments and provides Hycroft's investors enhanced liquidity, and trading flexibility by giving the Company a higher profile within the investment community.
As previously reported, Hycroft initiated the largest exploration program at the Hycroft Mine in over a decade, which culminated in the best hole ever drilled in the history of Hycroft resulting in a very high-grade underground silver discovery. For more information please visit our website at www.hycroftmining.com .
For more information on the requirements for inclusion in the Silver Index, please visit https://solactive.com/downloads/Guideline-Solactive-SOLGLOSI.pdf?v=0429 .
https://hycroftmining.com/news/hycroft-to-be-added-to-the-solactive-global-silver-miners-total-returns-index
Notice Diamond!
Here's what I do know. Adam Aron has been at the mine on several occasions to inspect the fantastic decision he made in becoming a 22% owner of Hycroft Mining common stock. Excellent decision as he and Precious Metals Fund and investor Eric Sprott are both majority share holders of Hycroft Mine which is gearing up for a massive restart transition and commercial operation that is projected to begin in the 4th quarter which includes both above and below ground operations with a new underground start up mine. (Pictured)
Hycroft Mine's new technique working out. elkodaily.com
The projected revenue is expected to be in the hundreds of millions with over 500 employees both above and below ground when the commercial milling operation reaches it's peak performance lasting 19 years with known deposit resource body strength. Less than 10% of the Hycroft nearly 64,000 acres has been explored and drilled to date. So the recovery of much, more is expected and probable.
Adam Aron at Hycroft Mine operation.
Adam Aron at Hycroft Mine operation.
Adam Aron with Hycroft CEO Dr. Diane Garrett
Underground at Hycroft Gold and Silver Mine.
Did I say 600 million proven ounces of silver
AMC .999 Fine Silver
AMC Shareholders FREE NFT
Adam Aron on Twitter about Hycroft Gold and Silver Mine
Hycroft Gold Dividend coming
Aron knows best.
https://packaged-media.redd.it/ia8klgvnrazc1/pb/m2-res_480p.mp4?m=DASHPlaylist.mpd&v=1&e=1715547600&s=5c5e26ce97c0a9e8876d9370e7fcd9b22683ea16#t=0
Gold Hits New Record High Against the Dollar
https://rv.gold/usd.html
Lol probably the bigger news from the link is that Hycroft has rebranded itself as Nu Ride Inc. and now makes electric vehicles.
This verse was left on John Lennon’s cutting room floor. Probably a good thing.
***** Bla bla bla gold and silver chatter is meaningless - HYMC ( Hyturd ) mines none - whoops !
ENOUGH SAID
The Gold and Silver ship will set sail
Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range.
That's a healthy gain. But you could argue that gold remains significantly underpriced given the inflation we've experienced that continues to rapidly devalue the dollar.
That leaves many people wondering when gold is really going to break out.
It's impossible to predict the timing of such things, but as Metals Specialist Garth Patchen put it, "It will leave the port-of-call at some point."
"And like Noah's Ark of old, those who miss the boat will face a catastrophe.
The thing is there are only so many seats on board, and prices are relatively cheap at present.
Do you really want to wait until the final hour?
Patchen paints a vivid word picture.
Imagine the masses trying to clamor aboard at the last minute, in the last hours before the doors close.
Unfortunately, their flimsy financial "life preservers" (fiat dollar-denominated assets) won't be adequate. They're not going to float in the tempest to come.
Imagine trying to bail out of stocks when they're dropping like a rock in an effort to salvage something close to your original investment (principal).
Imagine trying to get your cash out of the bank when "capital controls" are instituted, and you can only pull out $3,000 per day or less -- or none.
Imagine trying to purchase physical gold and silver at much, much higher prices.
Imagine the FOMO (Fear of Missing Out).
Imagine the fearful, stressful rush to find safety in the face of an oncoming disaster.
Imagine if you can, how sweet the sleep is of those who have prepared ahead of time for any eventuality.
And the worst scenario?
Imagine missing the boat altogether.
https://www.fxstreet.com/analysis/the-gold-and-silver-ship-will-set-sail-202405192204
Expect Gold&Silver Mania And Stock Market Crash
https://kingworldnews.com/expect-gold-silver-mania-and-stock-market-crash/
Signs that a global gold standard is gaining traction – Steve Forbes
(Kitco News) – There are multiple indications that the world is progressing towards a transition to a new gold standard, according to Steve Forbes, Chairman and Editor-in-Chief of Forbes Media.
“It’s hard to believe, but the world is beginning to lurch toward a gold-based monetary system,” Forbes wrote in an article published May 21. “This, despite the fact that the historical gold standard is held in almost universal contempt by economists and financial officials.”
He said that despite the many myths and pervasive ignorance surrounding gold-based money, it worked very well for a long time. “The U.S. was on a gold-based system for 180 years until the early 1970s,” Forbes wrote. “We never had inflation when the dollar’s value was tied to the yellow metal, and the U.S. experienced the greatest long-term economic growth in human history.”
Conversely, Forbes said that since the U.S. abandoned the gold standard, its average growth rates have declined by around 33%. “Median household income today would be at least $40,000 higher if our traditional pattern of growth for those 180 years had been maintained,” he said. “Nonetheless, the contumely and scorn for a gold-based monetary system is universal.”
Despite these prevailing attitudes, Forbes believes that he’s seeing several indications that a gold monetary system could be brought back.
“One is that central banks in recent years have been purchasing gold at record levels,” he noted. “Buyers include China, India, Russia and a number of other nations such as Poland. These countries are reacting to growing doubts about the long-term value of the dollar, which in turn is a symptom of the perceived decline of the United States.”
The growing popularity of cryptocurrencies is another indication, which Forbes characterizes as “a high-tech cry for help in the face of increasingly unreliable fiat currencies.”
“The problem here has been that most creators of cryptos, notably Bitcoin, don’t understand that a currency must be stable in value if it’s going to be used to conduct commercial transactions, especially long-term contracts,” he said. “There are a handful of cryptos tethered to gold, but they haven’t yet achieved the credibility or built the mechanisms to be widely used. Nonetheless, as governments flounder in their monetary policies, that will change.”
The ongoing trend of runaway public and private debt creation “will inevitably kindle crises that cannot be easily extinguished,” he said. “Total debt in the world today is more than $300 trillion, an astonishing three times global GDP.”
Forbes also noted the activities of the BRICS, which doubled in size at last year’s meeting, and whose members have been collaborating on de-dollarization initiatives and alternative payment systems. “Their monetary machinations, so far, have amounted to little, but that’s starting to shift,” he said.
Forbes pointed out that India began experimenting with gold-backed government bonds last year, and quoted monetary expert Nathan Lewis who said “These would probably be very popular with investors worldwide. From the start of the floating [currency] era in 1971 to the present, a gold bond paying 4% would have outperformed all stock and bond markets worldwide.”
“Zimbabwe, which must hold the record for hyperinflation, recently announced the launch of a new currency fixed to gold,” he concluded. “Deep skepticism is warranted that this government has the discipline to make such an arrangement work. But the move is a sign of things to come.”
https://www.kitco.com/news/article/2024-05-22/signs-global-gold-standard-gaining-traction-steve-forbes
$31.50 today. Giant 6.6% gain today.
***** That's great ! to bad HYMC ( Hyturd ) mines none - so irrelevant ! whoops
ENOUGH SAID
Money Metals Exchange. Back to sound money.
Tax free Gold and Silver.
May be the final days we see silver under $30.
https://qfs.live/silver.html
***** Huge HYMC ( Hyturd ) dilution coming - BUYER BEWARE
ENOUGH SAID
Any dilution will be Forward Splits beyond $20 analyst predictions.
We're going to touch the sky way before mine restart just months away. Diane and Alex found massive amounts of Gold and Silver withe core drilling project. It's Game On. Going Underground.
CEO Diane Garrett Live Performance
https://packaged-media.redd.it/ia8klgvnrazc1/pb/m2-res_480p.mp4?m=DASHPlaylist.mpd&v=1&e=1715547600&s=5c5e26ce97c0a9e8876d9370e7fcd9b22683ea16#t=0
***** HYMC ( Hyturd ) Dump truck ready to unload millions of shares ( dilution ) - whoops
ENOUGH SAID
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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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