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Talk about 'pump and dump? CYDY is in the Masters class.
CYDY is still the piece of junk it always was, doesn't matter who is at the till when you are on the Titanic.
JSHG has a top Lithium project in the Seymour Extension.
Lithium prices have drastically shot up the last couple of years.
"The rise in lithium carbonate prices was attributed to an increase in demand and a surge in domestic spot sales. Consumer demand in 2021 was equal to the total demand of the previous three years. In addition, lack of supply is fuelling a further increase in prices.May 6, 2022"
"Because they ain't mining and it was all over LinkedIn that the new leased loader they had went to another site. The Nevada mining community is a very close-knit group and all the miners talk to each other. Hycroft has a horrible reputation in the industry and it hasn't improved any."
I've heard the same rumors from Nevada contacts: thank you for the confirmation.
It been a long road but I am confident myself.
"The crushers aren't brand new. They've been recommissioned after sitting idle for years. The CAT shovels in the video don't belong to Hycroft and are being moved off the property. They can barely run a heap leach with a 20 year old plant currently in operation. The big plant isn't operable. You can't heap leach the vast majority of Hycroft ore. It's all in the FS reports and past disclosures. Read closer..."
Big's is right.
".they are processing residual gold placed last year. That will run out very soon."
You can lead Bulls to water but you can't make them drink.
" Correct I will ride to zero if that turns out to be the case.."
I thought you were still buying?
Thank you for the reality check
That is 100% correct.
Your logic is flawed: what if you convinced me et al with your post/argument that you were right (bullish) and I , and other bearish posters, were wrong?
I and my bearish compatriots may have have stopped trashing the stock, we might have even bought some thereby negating what we were originally doing which was helping you such that now , after your post we would be hindering you from buying cheaper stock.
On the other hand, if you stayed quiet I, we, would have continued to do what we were doing that, according to you, would provide you with cheaper stock.
Hence, the 'logical 'flaw' in your gambit.
Logic 101
I've seen this movie many times; leaching looks good on paper however, , ultimately, it NEVER works out.
If you really think what I am doing is 'good work' for you being long, you would neve have commented.
Sorry, but I don't buy it. The capital costs and extraction costs will outweigh the recovered ore.
Looks like HYMC is going through a dollar gain shortly.
IMO
The JSHG Seymour extension property (1,000 acres) is right beside Green Technology Metals which has a their flagship lithium deposit that they have spent 6 million on.
The drone magnetometer survey results should be out in the next couple of weeks.
Here is the latest Green Technology PR:
FURTHER SIGNIFICANT STEP-OUT INTERCEPTS RETURNED AT SEYMOUR
HIGHLIGHTS
Assays received for further seven holes from Phase 1 step-out diamond drilling of North Aubry deposit at GT1’s flagship Seymour Lithium Project.
Additional thick, high-grade extensional intercepts of North Aubry deposit including:
GTDD-22-0014 for 4.5m @ 0.61% Li2O from 250.7m (incl. 2.5m @ 1.01% Li2O)
GTDD-22-0013 for 18.2m @ 1.10% Li2O from 304.2m (incl. 3.1m @ 2.05% Li2O)
GTDD-22-0001 for 10.5m @ 1.77% Li2O from 123.2m (incl. 7.0m @ 2.11% Li2O)
Further northern step-out drilling of North Aubry deposit commenced; hole GTDD-22-0320 intercepts 10.7m of pegmatite with significant visible spodumene (assays pending), extending the known North Aubry pegmatite a further 150m down-dip from the nearest intercept.
Results from Phase 1 drilling (assays now returned for all 16 holes) indicate substantial potential upside to existing Seymour Mineral Resource estimate of 4.8 Mt @ 1.25% Li2O1.
Updated Mineral Resource estimate for Seymour on track for completion during Q2 CY2022.
No significant lithium intercepts >1.0% Li20 were returned from initial exploration drilling of the eastern Central Aubry zone (7 holes) and Pye prospect (6 holes).
Drilling is targeted to resume from June at both Central Aubry (western) and Pye (targeting LCTtype pegmatites of over 250m strike that were identified in the initial drilling).
CLICK HERE FOR FULL ANNOUNCEMENT
94 Rokeby Road Subiaco WA 6008 Australia
Agreed.
I hate to see the poor investors mowed down with the BS.
You can hav the best CEO in the world , that doesn't change the rocks, and how much money, energy and time it takes to be profitable.
Hycroft will fail, in my opinion, like it did before; the chart looks a like a 'dead cat bounce', probably a good time to sell..
Anyways, good luck!!
You know your stuff; you are 10% correct what Hycroft is doing now is not sustainable without mucho capital and then it will work only if precious metals take off and maybe even not then.
Sorry my friend , I don't carte if Hycraft had 1 million leaching pads the extraction will not be profitable.
Those old, hard working prospectors/miners left nothing much behind.
I'm not aware of multi account Twitter can you show me an example?
"They are not mining. The pad production will cease soon. They have no people or mining gear to mine anything."
Thank you for the reality check.
"why did they declare bankruptcy in 2015? Just remember, if they robbed shareholders once and got away with it they could do it again.?"
Amen
Ha, ha I spit out my coffee reading your post!!
'Leaching' never works, I don't think 'anyone will be happy' once they realize this is a process that costs more than what minerals they can extract.
But good luck anyways
Well you know your stuff; the stock may go higher , briefly, but these type of extractions NEVER, EVER work as I have been invloved in 2 or 3 of these deal when i was younger, stupider
Looks like JSHG is getting some momentum building after yesterday's trades.
Don't worry about him just some shareholder that picked the wrong side and now is bitter.
I stand corrected.
Perhaps, but I have been right for 4 years, and you have been wrong.
I think that logic destroys your idea that my 'opinion doesn't matter'.
I respectfully disagree, I think its over, not even long supporters have gone into hiding.
I TOLD YOU SO
I feel your pain; these guys have been gaslighting investors for 6 years.
Potts and co lost the Nevada case.
Well if you ;look at the deed to the Nemegosenda patents Nio Star still has 100% of the property (I sent the docs to Paul at SPZI, he is aware) no foreclosure has been executed no matter what Dan said in his desperation PR before he .he was voted out of being a director by the SRSR shareholders by a 4-1 margin.
There is a lien from Volusia for $250k or so on the property , but that is going to be contested in court and, in my humble opinion, Pott/Volusia will lose as the monies never went to Nio Star according to b the books that Dan was ordered by the Nevada courts to provide last August
And, last May SRSR put a $3.4MM Canadian mortgage on the property that represented how much money SRSR sent to Nio Star to develop the property.
That's a good move...
Take a position in the stock buying through the market, you will see.
Ha, ha that is funny.
Looks like a group is going to come into JSHG later this week.
"13. Niobium mine in Ontario, Canada: No cost to SPZI since they are not involved in ongoing litigation. When it comes out of litigation, SPZI owns it and they would revenue share to give up 15% of revenues."
In my opinion SPZI will never own the Niobium project. The 'selling group' (Volusia ) has already lost its legal challenge in Nevada and once they lose in Ontario, which seems pretty well certain they won't own anything at all in Ontario though they might be able to sue Volusia which seems not to have been negotiating in 'good faith',.
I have been watching the Nemegosenda Niobium project for over 14 years.
IMO.
The management does breathe, if not they couldn't have asked for over $1 MM in compensation for their marvelous work last year!