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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.
Shorts in full panic. They can't get shares to cover. Margin calls will begin next week.
The article depicting AMC and HYMC as a short sellers nightmare explained that margin calls are coming because all shares are already used up. Spreading FUD to get shareholders to sell is the only legal way to obtain them. With the quantity required, they don't stand a chance. Hedge Funds got greedy and ran out of time to cover.
What do you mean by having to be crashed to Zero in order for it to be restored into People's Market, were you at their hearing in Las Vegas? Do you know how many lawyers showed up from the States and Toronto? This Diane friend of yours better get some good attorneys there are going to be huge lawsuits coming after Oct 22, 2022.
There is a Teachers FUND with allied Nevada Shares.
Firemen's Fund with Allied Nevada Shares.
Nick
That’s what most shareholders thought back in 2015. It was a scam then and it’s a scam today.
Forward Split, one to one. Plenty of room. Everybody is happy. Sprott, AMC, Retail stake holders, the 89% institutional holders and the company itself.
With only just under 200mn issued and outstanding, Hycroft could even do a 5 to 1 forward split and still be under 1 billion common, since the company has yet to issue any preferred at all.
CEO even has $500,000 of her own skin in the game.
I'm hearing a one to one for sure and possibly a 1.5 to 1 which would need the authorized raised to 500mn.
Currently...
As of March 31, 2022, there were 196,803,459 shares of the Company’s common stock and no shares of the Company’s preferred stock issued and outstanding.
Her rocket lapel pin does say it all. It's just pointed in the wrong direction!
Don't worry though, the price is going to soar right after they do the reverse split. Hycroft can easily make you millions - just need to start with tens of millions.
About 60 or so in that pic.
My bet is those videos they put out before today about gold and silver and etc were the previews.
This one with the popcorn was probably the one they saved for last.
Silence your fuds, because the previews are over and the show's about to start.
Here is a great shot of the current, active work force remaining at Hycroft...all of them. Actually, some of these folks have left since this shameless video was taken...
No active mining, no processing, no drilling = no value. They need to get drills turning, and a lot of them. The Q2 earnings update call should be telling.
Friday afternoons are a good time to fire up the popcorn machine at @HycroftMining. What are your plans for the weekend? Hope it's poppin' off to a great start! pic.twitter.com/8jNcUB61LA
— Diane Garrett (@DianeG_CEO) July 1, 2022
LMAO They're junk and have to crash to Zero in order to be restored into the Peoples Market. Good luck
Good idea! Don't buy the warrants as they have to crash in order to be pulled over to new Peoples Market system. The actual shares are great at this price anyway.
Your reasoning is...
Buy the Z-Warrants HYMCZ
Blackrock and Vanguard using Alladin software to short sell the entire exchange.
No loss if you don't sell. We're safe!
The new and updated Hycroft is a sure winner, attracting billionaire precious metals investor Eric Sprott with AMC
CEO Diane Garrett, sporting a new Rocket lapel pin, says it all.
Please indicate where they have purchased mining equipment and how many tons they are mining each month in 2022. How many ounces placed in 2022. The zoom list is pre-layoff. A quick LinkedIn survey shows many of these folks are NOT working at Hycroft. Hycroft is NOT operating. They have NO equipment. They have less than 50 site personnel. Their own CEO says on her Twitter feed they are only planning a drilling program. No production, no exploration, no value until the fist two issues change.
When? 2015? lol as the only one burned here with todays upgrades and gold prices have been short sellers, motivated by greed with the spreading of bad information.
The new and updated Hycroft is a sure winner, attracting billionaire precious metals investor Eric Sprott with AMC
CEO Diane Garrett, sporting a new Rocket lapel pin, says it all.
That's not true. New Updated Hycroft, company videos of expansions and current operations prove an active mine operation with Zoominfo now showing 175 current Employees, updated daily.
http://www.hycroftmining.com/?page_id=283
New employees were added, last week was 172 and now 175 current and active mining positions.
https://www.zoominfo.com/pic/hycroft-mining-corporation/9474776
Short interest also declined 18% in the past week.
Yea, will probably fall sub dollar this time around,
and not look back. I got burned on this one.
The vast majority of analysts have a STRONG SELL rating right now on HYMC shares, e.g. The Street and CFRA (S&P Global Markets), even at this price below what AMC and Sprott paid for their stakes a few months back. There has been no resumption of operations since the layoffs and cessation of operations. The HYMC turd is circling the drain right now.
ONCE AGAIN. I never said it should be at $13 now,
I made the point that it is not moving in that direction
since that article came out 3 month’s ago, and in fact
it has tanked 65% since that article came out.
Bought some more HYMCZ Warrants (Big Volume). https://fintel.io/so/us/hymcz
Gold Sector Counting Down To Launch
https://seekingalpha.com/article/4520160-gold-sector-counting-down-to-launch
So thats why HYMC is headed back to 30 cents.
They can't, according to capital raise agreement between Eric Sprott and AMC buy in.
This is why Eric Sprott had to reduce his interest, keeping it under 10% as he also owns another Institution that is also a vested institution.
Under the agreement, the company can't dilute the investors out of the picture whom both have a majority voting right, yet still keeping Hycroft in complete control from a corporate take over and again, why Sprott had to reduce his position.
Goldman Sachs Raises Gold Target Yet Again To $2500/Oz By Year-End Signaling Boost To Gold Industry
https://flipboard.com/@seekingalpha/goldman-sachs-raises-gold-target-yet-again-to-2500-oz-by-year-end-signaling-boo/a-aOPzLkj6TxOCf4xefTVBBQ%3Aa%3A138960686-d1251f3121%2Fseekingalpha.com
Gold rises with the decline of the dollar
Bitcoin is a fake currency created by the Elites. It's worthless and may go to zero unless it's backed by solid investment.
Credit Suisse and Deutche Bank are struggling because of their money laundering scams with the Elite. Bitcoin head fakes by certain countries are designed to take down the Central Banks, and crash Bitcoin, having no real monetary value.
https://search4dinar.wordpress.com/2022/06/29/gold-rises-with-the-decline-of-the-dollar/
I think they are gearing up for an issuance, much like last year with AMC and Mudrick.
Sprott is about to exercise warrants and I expect Hycroft to issue more shares and warrants based on filings and prospectus. This is usually dilutive but since no Market Makers have enough shares to make a market I expect a HUGE move up. This coincides with the situation with silver and gold too. This has been a game of patience, the chart even shows the same patter over and over (settlement loop).
Yes! Was a 12month projection/prediction by analyst Jefferies I believe around 3 months ago. The article said 12 month prediction, not 3. Lol SMH
Actually more like over %65 down since it
topped around $3 back then. Any comments
about that?
Why are you posting a 3 month old article? This
has tanked by 50% since then.
Isn’t this supposed to be heading towards $13? Lol
197,084,642 currently issued
+94,258,841 Shares of Common Stock to be issued upon exercise of outstanding Warrants
+71,211,526 Shares of Common Stock offered by the Selling Securityholders
+60,125,009 Warrants offered by the Selling Securityholders
Private placement
197,084,642
+94,258,841
+71,211,526
+60,125,009
=422,680,018 shares
18,408,240 + 23,408,240=41,816,480 shares is 9.89% of 422 million.
Example. If he had sold 10 million, he would have 13,408,240 left +23,408,240 warrants=36,816,480 shares. This scenario means 375,678,367 shares would cause him to exceed the 9.8%.
If he had sold 4 million, it would be 436,902,857 to hit 9.8%
6 million and he would be looking at possibly 40,816,480, and it would mean 416,494,694 shares puts him at 9.8%
So selling 5 million is the exact right amount to get him to where he is at 9.8% when all the other warrants are exercised.
Could be off base here, but the math seems compelling.
Eric Sprott sells 5 million shares $1.275
https://www.sec.gov/Archives/edgar/data/1491714/000121390022035316/ea162166-13da3sprott_hycroft.htm
Bingo! Spot on factual post. This turd is circling the drain in the toilet bowl. HYMC is trading below where it was after the the announcement of the AMC/Sprott investments, which made it pop up from the .30 range where HYMC traded 1 week prior to that announcement.
The company disclosed late Wednesday net losses that widened to $22.06 million, or 27 cents a share, from $9.69 million, or 16 cents a share, in the year-ago period. The per-share loss widened by less than net losses because the number of shares outstanding jumped 35.6% to 81.20 million.
Sales sank 51.8% to $9.17 million, while cost of sales declined by less, by 42.3% to $16.97 million.
Cash flow was negative $6.92 million, compared with $14.76 million last year, and the company said it does not expect to generate net positive cash flow from operations "for the foreseeable future."
Hycroft's stock flashed onto investors' screens after AMC's surprise announcement on March 15 that it was buying a stake in the gold and silver miner. AMC Chief Executive Adam Aron explained that the purchase was part of a plan to find "transformational" acquisition opportunities with the war chest that was accumulated by taking advantage of the "meme"-induced rally in its stock.
Ahhh...so which is it, they are presently employed per your ZOOM list or are being called back? Just so I understand, all the people that got laid off in November plus the additional +50 that quit and went to work for neighboring mines (all stable operations that absorbed 100% of Hycroft's layoff employees) are now quitting those jobs and going back to work for Hycroft that screwed them over right before Thanksgiving? Gotcha. Funny that the area newspapers aren't picking up a restart at Hycroft since that would be huge news. After 3 major layoffs in 10 years, and to restart that mine only 7 months later surely would have captured the Reno Gazette's attention as well as the Elko Daily Free Press. Weird. Where is this announcement on call backs? Where is the announcement that they purchased 30 ultra class haul trucks and 2 shovels they'll need? I know a lot of people on that magical Zoom list and they aren't working at Hycroft as of 6/28. To the MOON!
Little over 3 million shares as low as $1.18, giving away shares today. Should skyrocket on Weds.
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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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