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Yep.. Right on the trendline right now. They may try and trigger stops like they did last week. Time for stinks bids again. This is a trader's dream.
Nope. Those who own the gold make the rules. Try again.
A new $35 silver price would also help.
I hear Adam Aron may hide a few golden tickets in a few of his candy bars around the country. The winners get 100K shares and are going to be able to visit the Hycroft mine.
Weeee!
Not a chance. Hungry has already said they will pay in Rubles.
Russian Ruble got stronger today. Putin's gold floor tracking nicely.
10 year gold miner consolidation steaming on the launch pad. Houston, we a clear for takeoff.
LOL. A little different.
Truth. Scams don't raise $190 million in a week.
Frank
I have 1/3 of my HYMC shares to trade (stink bids), 1/3 of my HYMC shares to sell when it hits my fundamental value target, and 1/3 to hold to see if this can do what AMC & GME did.
It's the best way to play it, IMO. Good luck to us.
It was brought down due to options expiration. Buy any you can in the coming week. This is going much higher.
After how quickly the Hycroft raised $200 million, I have no doubt this is going to Pluto. They will probably be able to raise a good chuck for the new mill down the road with the apes now on board.
Get ready. This one will be one you tell your children about.
Putin's put. Floor in the gold market. Fantastic for HYMC.
Nope. Watch and learn. Oil prices are heading back down, BTW. It's a moot point right now anyway since they won't start production until the feasibility study.
No doubt. These high costs producers are what you want in a rising-price environment though. It's rocket fuel for the margins when silver & gold explode.
You are a bright man. Nova Gold's resource is fetching $125 an ounce right now.
Do the math on Hycrofts 15 million ounce gold resource.
These prices are like stealing. I am not even counting Hycrofts silver resource.
Agree about needing more $ for commercial production. Disagree about the stock price. HYMC can support a billion dollar market cap with it's 15 million ounce resource valued at $50-$100 an ounce with a clean balance sheet.
With meme status? Probably will go for $500 an ounce.
GME dropped the bomb after hours. Stock split + dividend. It's spilling over to meme stocks AMC & HYMC. Tomorrow will be a FOMO day. Here comes $3+
I am seeing a reverse knife to shoulder pattern on the charts, boys. Another stab at $3.10 before the highway chase happens.
Screw that. Let's meme this puppy to GME levels. I got lawyer fees. $300 or bust baby!
Barebone 500 million market cap target reached. Now a $30 + silver price should revalue it to the billions. Unless the momo of being a meme stock does it sooner.
Hell of a day today. Congrats all.
Nothing nobody already knows. It's an option play. Gold/silver prices go up and they are economical. That's the beauty of high-cost producers. They are currently priced for failure but have the most upside in a rising commodity market. Rags to riches..
"It says its previous plan for using a novel two-stage sulfide heap oxidation and leach process is not economical at current metal prices".
The AMC CEO is no dummy. He started a short squeeze in HYMC to start a short squeeze in AMC and it's working.
You made my point for me. It's cheaper now than it was back then. Back then it was a steal and a 40 bagger candidate.
It won't take the Millenials to pump this stock to the stratosphere. Just a little funding and a silver price over $30.
Here is Don Durrett, Jr. Gold/Silver Stock analyst, on Hycroft last fall before AMC got involved.
Watch during the 50 minute mark. Then do a little math on a 40 bagger from a 200 million market cap. This was before it became a meme stock.
I'll judge him after July and Aug tally. If they start shipping every two weeks, that's pretty good income.
We'll see what the revenue is. PT says there will be a "Steady flow of income." If that is true, now is the time to be in.
I don't see huge profits at first, but a steady buildout is what we could see.
Or they could wait to see how much gold is sold in this shipment and prior.
Nice research, but it's much easier to just accuse PT of lying.
You read that right.
One day they were worried about drill results and the lack of gold. Today they are worried that the gold is too coarse.
Just another day on Ihub.
LMOA. Yes, you can yap about it all you want. As long as we are pulling 200+ ounces per month.
I will agree with you guys with one thing. PT has been way too optimistic in his PR's, but then again, maybe he had to be to help sell shares when converting. If it got us to a place of cash flow, he was doing his job as a CEO.
I don't know if I would call it a lie. Lack of execution? Ok.
Many of us have given PT a pass due to lack of funds however. It looks like that may soon be changing with cash flow. If that happens, he will accomplish what few Jr's ever do. I will judge PT on that.
I'm with Dino. I'm for producing and possibly adding a JV partner who can then do the drilling so Git can nag them how to present the data.
Those who say they are planted nuggets really have to think we are stupid.
I got my fills. Hello gold pours.
We will break out.
Clean pad - silver chloride + high grade = fun
Come writers and critics
Who prophesize with your pen
And keep your eyes wide
The chance won't come again
And don't speak too soon
For the wheel's still in spin
And there's no tellin' who that it's namin'
For the loser now
Will be later to win
For the times they are a-changin'
I remember the run, Rich.
If my math is correct, Mexus rose 15,000% after announcing a JV with an old contractor of Fresnillo (MarMar).
IF ONLY it would have been Fresnillo instead.
Maybe someday...
That's correct, Rich.
Fred Goldman money. Not NFL retirement money.
People who believe in the property and near term production have averaged down. I believe they are smart.
Placements have been available at fire sale prices for 2 years now. If you haven’t averaged down then it’s your own fault.
It’s a penny stock. Chances any who had a significant position at $.05 have averaged down.