Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Triangle being formed .. we are ready to start Impulsive move ..
@starkd768 - They do have connection.. But Elliot Wave is mostly hard to use on taking position..
We want to see break above 1.45 for trend to reverse..
Today with FED interest rate decision, Gold, Silver & Minors has potential to reverse.
Today might be great day in Hycroft World.
1 minute chart: Impulsive wave has started..
Don't be surprise to see GAP fill tomorrow and hit uptrend line and go below previous low (which is $1.29), it does not invalidate the trend.
Filling the gap is a healthy sign of having different stages of the construction.
Brian.. I don't see they are going to sell any more share in near future for a while .. May be at least for reminder of this year..
Those filings are from last year.
I can see hourly Trend has reversed.. which is good sign..
In General .. Fib does not in short term for Minors and Silver.
Look for GAP, Trend, Linear Regression & Moving Averages to better guide you..
HYMCZ 17.5% Anti Dilution Gold in Gold Sector: With today's dilution of 46.8 million shares (Mudrick - Hycroft's FED) to existing 60.41 million -- HYMCZ just doubled its real value from existing HYMC share holders.
HYMCZ has 17.5% Anti-Dilution: Mudrick knows he will go to Jail if he hoes not accept court order to accept give ANV shareholders anti dilution since Oct 2015..
Hycroft is very cheap: CNBC guys have no knowledge to understand Gold and Mining company.
HYMCZ has 17.5% Anti-Dilution: Mudrick knows he will go to Jail if he hoes not accept court order and give anti dilution to ANV share holders since Oct 2015..
HYMCZ cannot be diluted by FED or Mudrick .. has Anti Dilution since Oct 2015 ...
HYMCZ is Gold on Gold.
Buy More HYMCZ - Much higher % return compare to HYMCL, HYMCW & HYMC
$100 price target by end of 2022:
Why ?
Based on my data I have from end of 2012 ANV Market Cap was 2.7 Billion.
December 2012 - Gold Price was $1660.
Current market cap is 113 Million.. with Gold Price at 1988, and at a minimum gold price is going north to $3000 this year.
Plus Hycroft is discovering more higher grade additional resources.
In that equation, I see 6 billion market cap with $100 price target by end of 2022.
HYMCZ has Anti Dilution ...
Buy More HYMCZ - Much higher % return compare to HYMCL, HYMCW & HYMC
Buy More HYMC
AMC has HYMC now ..
Movie theater chain AMC just bought a stake in a Nevada gold miner, sending the penny stock soaring
https://www.cnbc.com/2022/03/15/theater-chain-amc-uses-funds-raised-during-meme-craze-to-buy-a-gold-miner.html
Disposition is only for 34,410 shares only.. he might have bought back more than that number after 30 days...
Got some TLRS .. It is 10x for 2022.
I am looking at
-- Industry strength (Precious Metal)
-- Index Strength (GDXJ)
-- Entire sector reversal
-- Company is very cheap compare to its basic fundamental
-- Company is very cheap compare to historical price
I don't want to get caught on looking at minute chart and loose the big moves..
This will be mother of all move ...
Looks like it has reverse the course ..
Wait for break above $2 (to confirm).. I expect this to jump to above $5.
I have all those Fib retracement and Extensions, plus MA, Trends, patterns .. Have about 10 plus years of using those...
Depending your trading style you use it proper timeframe to maximize gain ..
It is just beginning of Daily trend to start .. Wait for Daily and Weekly trend to turn around ..
It takes few weeks (about 8 weeks) to daily trend to mature ..
Weekly Trend will mature in about 4/6 months.. I see August being time for Minors to mature.. By end of the year HYMC will be close to $100.
$100 price target by end of 2022:
Why ?
Based on my data I have from end of 2012 ANV Market Cap was 2.7 Billion.
December 2012 - Gold Price was $1660.
Current market cap is 113 Million.. with Gold Price at 1988, and at a minimum gold price is going north to $3000 this year.
Plus Hycroft is discovering more higher grade additional resources.
In that equation, I see 6 billion market cap with $100 price target by end of 2022.
$100 price target by end of 2022:
Why ?
Based on my data I have from end of 2012 ANV Market Cap was 2.7 Billion.
December 2012 - Gold Price was $1660.
Current market cap is 113 Million.. with Gold Price at 1988, and at a minimum gold price is going north to $3000 this year.
Plus Hycroft is discovering more higher grade additional resources.
In that equation, I see 6 billion market cap with $100 price target by end of 2022.
Volume suggests .. it is going way higher ...
Float is 18.18 Million..
Wow ..I had not seen this article.
- It has all characteristics for MEM Stock
- Gold has bullish pattern
- ANV was 3 plus billion 10 years back
- This is just first week of the move
With $100 market cap gets to 6 billion..
Agree.
Quick Poll - HYMC to
A - $100
B - $50
C - $10
D - $5
E - $0.30
Just Follow the trend.
CUP and Handle worked out.. I see angle of trend is much stiffer than previous move...
There is a big CUP and Handle in 5 minutes chart, just use regular hour data ...
Hedge fund is all over it.. Looks like it is Mudrick's game.. Diane might/should be out once they get 500 million and pay off Sprott's loan.
Did you buy any HYMC, HYMCL, HYMCW or HYMCL ?
It is a long story ..
Building Open Pit mill is a cookie-cutter work, but for some reason, this company, previously ANV and now Hycroft cannot build a Mill to produce Gold.
Considering Hycroft has very low grade material and bad management had made the company and share holder suffer for a significantly long time.
That is what I think .. with very little float they have taken control of the market movement and will move what will make them survive.
My guess is these guys are using the plan to get money from the market instead and selling the company at this level.
With mining company has least focus within US .. no funding, no money, no attention .. they don't want to sell or get any fund at this valuation..
They will use Elon Musk's formula .. come out with plan to sell additional shares when this poppy gets to say $30 or $50 in the open market..
If this plan works, I believe ANV share holders will also benefit big time...
HYMC has 18 million float and looking at Volume, what I could derive is .. We have bigger game going on, those are beyond knowledge of folks involved in message boards.
8/8: 200 million Volume - Up day
8/9: 45 Million Volume - Down day
8/10: 2 hours into trading 40 Million volume - So far showing up
Seems logical ...
It has no relationship with Gold Price Or Ukraine.
Gold is in its very early stage of its trend. Gold is going much higher ... Pump in Gold sector will come when Gold hits $5000 or may be more.. pump will happen in last phase where it will double in few month.
If we think there is evidential truth to the claim. It is good to go with Citadel and short it .. That will make money.
We are going to see a clear upward trend in mining space ..
Buy little bit of JNUG (GDXJ if you want to have less risk). Be aware that JNUG is leveraged ETF, it goes up and down in much bigger force. If you are wrong, it will hurt you.
Be skeptical on any Nasdaq stocks move for 2022... Sell/Short on strength..
Hycroft has very little production using Novel technique (this method cannot scale), which is not enough to pay interest and employee salary.
They will need to rebuild production grade mine to take through what is needed for such a large operation.
It is not.. it has to be for 10 consecutive days
https://finance.zacks.com/nasdaq-delisting-rules-7450.html
Return to Compliance
After receiving a deficiency notice, a company has 180 calendar days to return to compliance. A company warned about its shares' minimum bid price must achieve a closing price of $1 or more for 10 consecutive trading days during this period. Report-filing offenders must file the required reports, and then must file subsequent reports by the due dates.
.10 cents per HYMC stocks is not far ..
Debt is real killer for Hycroft.