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Paulson had shares when they filed bankruptcy.
He also bought into the recent secondary so he already has shares and warrants with a 10.50 strike.
Now he's buying HYMCZ. Maybe he knows something Freddie don't lol. It's also plausible none of these are new positions just legacy warrants from before the Nasdaq listing..
It's going to be a nice cold dish either way. Jason, Randy, Steve, Eric et al. are all greedy pigs that will break laws for the love of money but they don't realize they ran into a group that will kill for it.
That shouldn't be a new position.
Ariesta Capital were bankruptcy lenders.
No
HYMCZ is up 600% while you sat on HYMCW which has been flat.
Read the contracts dummy they keep screwing HYMCW holders and will continue to do so. I'll explain how when we revisit this when HYMCZ is above HYMCW.
Imagine being on the wrong side of history AND having noone like you. What a life Freddie maybe instead of trying to brag on people that got screwed over by hedge funds you should of took a position or tried to help people out. Nope you just a miserable POS bragging about jumping in bed with hedge funds that immediately screwed hymcw holders over by going to market with secondary warrants a dollar cheaper.
You should take a hard ponder on why your even here because this is no way to live.
Well I agree with 90% of everything you said.
If you go back you'll see in my comments on institutional investment I specifically brought up Sprott's investment as more telling.
Sprott doesn't need to hedge through our way out of the money warrants and your theory makes no sense when you account for the fact HYMCW is out there. Even with it's price cap factored it would be a much better hedge. If your hypothesis held water you'd see a similar upswing in hymcw. You don't.
If they are hedging it's against a lawsuit. That or they are front running the proper adjustments to our warrants.
Honestly the hedge funds are playing games with the price of hymc imo. Whitebox can keep selling into option pricing though. Why stop your opponent from shooting themselves in the foot.
Point being these guys are dirty as mud so don't assume what a trader would do assume what a criminal would.
Rick Rule works for Eric Sprott.
Eric Sprott runs Sprott lending I don't know who she is trying to fool.
It's the same Sprott don't let them try to fool you.
He walks around like ho hum golley gee I'm just a silver bug when in reality he trades on inside information and pumps his mining portfolio on YouTube.
We know everything there is to know about Eric and Jason. They need to make this right. They played the game outside of decency and think the laws they broke are the only ones that apply. Too bad they forgot about the law that truly governs us and that's human nature.
We are no longer confined or restrained. Choices have consequences. One day you think you got away with the bank heist and it's smoothe sailing down the freeway. Then you realize the real wolves followed your getaway.
I bring up Jason and Eric but there are others. Actually the ones they think are protecting them honestly those guys are off limits. Jason is definitely food though and I'm getting hungry.
Agreed...
They were put on notice willfully ignored the contract and will be dragged back into court.
Let me help out a bit..
First of all it's great to see all the new bots coinciding with the recent institutional interest in warrants on a stock with virtually no publicity.
More importantly we know the history of this company and specifically as it pertains to Eric Sprott. Mr Sprott himself used to brag how he got Allied Nevada CEOs hired and fired. He joined with Watertown 4 months before bankruptcy to form an LLC for the sole purpose of buying out Allied Nevada's exploration properties. It's not so much the institutions as it is an insider like Sprott taking a position. Maybe he's hedging the forthcoming lawsuit.. maybe he's going to introduce HYMC into his ETF which I imagine other institutions are also taking positions to front run GDXJ.
How did Sprott know Allied Nevada was going to be liquidating their exploration properties and why did he team up with the only other potential bidder 4 months prior to bankruptcy? The obvious answer is Jones and Buffington were leaking inside as information to Sprott. Although it's not only Sprott they also conspired with the hedge funds to give the company away and in return garner millions in bonuses from the hedge fund creditors.
Fast forward years late Mr Sprott has a YouTube channel where he pumps all his gold mining holdings. He invests 110 million into hycroft but not a peep about it. He's asked over and over in comments and emails never mentions Hycroft even after the public announcement.
Now look at the December 2020 chart. Do you see anything odd? Someone knows something and the naked shorts are about to get rekt.
The company is in breach of their contractual obligations outlined in the Warrant Agreement. Article V mandates mechanical adjustments for every transaction done be with insiders. There also is a clause for a cashless exercise.
When the mechanical adjustments are factored properly the strike price is below the other warrants and the company will be liable for damages from ignoring the cashless exercise for multiple offerings. The book is more about an ongoing criminal enterprise which really is just good background for the forthcoming action related to the hedge funds ignoring the warrant contract.
Sprott knows the end game too bad the naked short sellers don't because they are about to get burned. The hedge funds outsmarted themselves on this one thinking they can just retroactively fix the warrant agreement. Nope they fell right into a trap.
Why is Sprott buying our warrants???
Calpers have been in it since before bankruptcy..
What's odd to me is the bigger institutions buying. And of course Sprott who has insider information.
No..
Where TF are you guys getting that number?
The value column is for the value of all the institutions holdings combined. This isn't rocket science guys let's come back down to earth.
What's interesting is the big institutions adding positions. Is GDXJ next?
Wtf are you talking about...
Guys leave your sells on because the brokers can't lend out your warrants if they are posted for sale.
Nich check out our warrants:
https://fintel.io/so/us/hymcz
December was really odd.. is there a big plaintiff coming on board? The company knows they need to make the adjustments maybe they leaked out their plans to do so.
Check HYMCZ also:
https://fintel.io/so/us/hymcz
Jpmorgan, Citigroup taking positions in HYMCZ ..
What do they know that we don't?
More specifically Sprott ... Are they front running an announcement ?
Yeah Tracey they are keeping you on because lying was always your job.
Too bad you didn't get the bonuses Jones and Buffungton got. Just a useful idiot.
Usually the SEC goes after the executives..
Buffungton and Jones each got what 3 million in bonuses from the hedge funds for destroying the stock price and frauding the warrant contract..
Jason Mudrick/Mudrick Capital has 3 billion under management..
If the SEC had any integrity they would have stepped in awhile ago. At this point if you filed an SEC complaint and are frustrated about the process call your congressperson maybe will step in to garner a little political capital.
Freddie shows up after volume dries up..
The next day they drop the price of the warrants..
Didn't Freddie recommend buying the MUDS warrants instead of HYMCZ before the company did a secondary that decimated the value of those warrants?
imagine being on the wrong side of history AND having noone like you. That's you Freddie.
https://www.reddit.com/r/HYMC/comments/lbdtpd/hycroft_mining_sec_reports/
https://www.reddit.com/r/HYMCZ/
Join me guys...
This will be our home base.. from there we can develop a concise voice
https://www.reddit.com/r/WallStreetbetsELITE/
I'm in some AMC posts.
Let's spread the word about Jason Mudrick and Mudrick capital.
This is a great piece of information.
Thank you Freddie ..
Let's spread it all across the internet guys. Join me on Reddit everybody!!!
Thank you Freddie.. recent AMC investors should know who made money on this .. They seem really reasonable right now.
Well said
We are all our own men working independently to reach the same goal.
I'm not a lawyer so i can't represent anyone elses interests similarly im not a financial advisor so I can't give financial advice.
With that said this fight is far from over. The hedge funds know it and are hedging accordingly.
More to come.
Lets continue this conversation over at Reddit
Join Wallstreet bets
Takes a little while to get approved to post in the comments..
All eyes on us
Wouldn't want to be a hedge fund that screwed over retail right now...
What perfect timing to drag these scumbags in front of a judge and make them explain themselves.
Or drag them into the town square by their neckties. The tide has changed they can't win.
They explained the math.. they simply didn't follow the mechanical adjustments.
Guys let's not dilute the argument here.
The company failed to make the mechanical adjustments required by the assumption of the warrant agreement.
Article V clearly states that in a fundamental change they must honor other adjustments. It's stated throughout the contract we are protected from dilution to the dip financers and their affiliates. Muds was an affiliate of Jason mudrick so they are in violation of article V since they ignored several traunches of transactions which we had anti dilution protections for.
As far as bankruptcy. Well unless you are arguing this is an ongoing criminal enterprise the statute of limitations has passed. In my mind it is an ongoing criminal enterprise and the sec sat by while they conspired to commit insider trading and bankruptcy fraud. The hedge funds shorted anv on insider information while the company released misleading 8ks to dump the shorts on us. The hedge funds used the profits to buy debt they converted eventually into equity in hymc. Buffungton and Jones signed off on the early 2015 8k in violation of the sarbanes oxley act, kept their mouths shut and were rewarded handsomely.
Please if you're going to file a complaint don't inidate the sec with stupid questions like why their is a discrepancy in the price of hymcz and hymcw. They are obviously completed different securities so asking such a ridiculous question makes us all look bad.
Honestly most likely value won't come from sec pressure. The SEC is a do nothing corrupt organization that rotates employees into the private sector for kickbacks. Maybe we'll get lucky with an honest sec representative or because just how greedy and sloppy these guys were. However imo our best bet is a complaint in Delaware that shows how the company harmed us by not honoring the warrant agreement. It's easy to prove and the company knows it that's probably why they are buying back hymcz.
So this is based on speculation?
The volume was odd I'll concede that.
Was also odd how they did a secondary, priced options at the bottom then White Box sold into heavy shorting so the CEO could buy.
Well someone is going to ...
I looked over the sec documents and they were too messy could you point me in the direction of where it shows they own hymcZ warrants and not hymcW?
Let me help:
(qq) “Per Warrant Share Number” shall mean, on any Exercise Date, the product of (i)
the quotient of (A) the Warrant Share Number on such Exercise Date divided by (B) the Initial Warrant
Share Number on such Exercise Date, multiplied by (ii) the quotient of (x) one (1) divided by (y) the
Cheap Stock Factor on such Exercise Date. 8pon any adjustment from time to time to the Initial Share
Number or any Conversion Share Number in accordance with Article V, the Per Warrant Share Number
shall adjust automatically by virtue of, and in accordance with, the definition of Total Share Number and,
thus, the definition of Warrant Share Number.
They only applied 5(d) and torturously interfered with the rest of Article V which explicitly states there must be antidilution adjustments when a distribution is made to a restricted person. It's very easy to see what they did and we will have no problem explaining this to a judge.
They've chosen their path and will see consquences for their actions.
What do estimate hymcw to be worth if hymc hits the 30s?
In Re the emails circulating
Guys I just want everyone to know I have absolutely nothing to do with the emails circulating.
Furthermore, I would never give investment advice or suggest a guarentee for a win let along tell people to buy. Please I urge everyone to make investment decisions based on the facts and not rumors or speculation.
Good luck to Jordan and everthing he is
doing. Just want to be clear everything he is doing is completely on his own. Hopefully he is right and everyone makes out like bandits I'll give him all the credit in the world because what he is doing has absolutely nothing to do with what I've been doing.
In Re the emails circulating
Guys I just want everyone to know I have absolutely nothing to do with the emails circulating.
Furthermore, I would never give investment advice or suggest a guarentee for a win let along tell people to buy. Please I urge everyone to make investment decisions based on the facts and not rumors or speculation.
Good luck to Jordan and everthing he is
doing. Just want to be clear everything he is doing is completely on his own. Hopefully he is right and everyone makes out like bandits I'll give him all the credit in the world.
Supreme Court upholds SEC's power to take illegal profits from Orange County couple
David G. Savage
June 22, 2020, 10:47 am
The Supreme Court on Monday upheld the government's power to recoup money from people who ran suspect investment schemes and give it back to those who say they were cheated...
HYMC is tanking
What's the statute of limitations?
You are right in respect to what Nick is saying but that's only one piece.
The new company is not honoring the antidilution mechanical adjustments for restricted persons. It's not just the 2nd liem convertible notes that trigger these adjustments it's basically the whole deal. These adjustments aren't just washed away by a merger - particularly one with this much self dealing- Article V is clear the assumotion upon any Fundamental Change includes the antidilution mechanical adjustments.
The new company is already in breach of the contract they assumed. They tried to get the milk for free without buying the cow. Too bad they knew what they were assuming and the court already knows they were trying to get rid of us. In this political climate i wouldn't want to be a criminal banker before any judge because the whole if you ain't cheating you ain't trying defense ain't going to cut it.
SEC seems interested in Mudrick's holdings..
Cold dish
File another one
The class action waa dismissed based on the fact they assumed the warrant agreement. Technically it was never even certified as a class action.
Thank you guys ..
The class action was dismissed.