Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

Are you serious?

The POR has gotten much worse from the original to the second, current POR.

I assume that the statement, "the company is worth about one billion dollars" is some kind of hyperbole, since the company is losing money every single month, and lost money most of last year.

The best, I can see. is for the EC to get the warrants restored in a third POR, but I expect the unsecured will object to that since it looks like they are never going to be made whole.

If there was value to the mine, there would be companies trying to bid on it and the unsecured would be pushing for such a sale so they could get 100% of their claims in cash. Instead, it looks like the company is going to have to try to scrape up enough cash to try to 'limp along', and hope that the price of gold rises enough so the unsecured can get out with something.

Louis J. Desy Jr.