Hycroft Mining Holding Corp (HYMC)

[Richcc71]

....and as I alluded to in an earlier post. For our warrants to have value they need to sell the company for a price over the adjusted equity figure. Which is around $680m according to Tuttle. This is twice the amount they valued the company at to cram down this bankruptcy. It’s fraud. And I’m not going to be content with picking up pennies on my investment while hedge funds make billions.

I remember running through the figures for you regarding investors who paid anything over $5/share of ANV. They’ll need the shares/warrants value to be at all time highs - over $45 - to just break even, and that’s at $5! Anything over that and you’re not going to get your capital back. It’s not going to happen unless they actually did sell the company at over the adjusted equity figure and start producing in a gold and silver price environment similar to 2011.

It’s just wrong. And it needs to be pointed out. In my opinion it’s not helpful posting Buffington’s resume. No disrespect Nick but the mans a con artist who’s getting away with our money.

Cheers for now.