Hycroft Mining Holding Corp (HYMC)

[Tiger44]

Thankfully not everything I had was in ANV. Yeah, my Roth IRA was wiped out but that was only 25% of my net worth, not including real estate. The rest was (and still is) in physical metals. Like they say—"If you don't hold it, you don't own it."

Hycroft may do well in the coming years and we might get our money back. But again, it's paper. My fear is that once Hycroft goes public then something else will go wrong. They pull the plug on the internet. The electrical grid goes down. The stock market crashes and doesn't re-open for years. The dollar goes poof. The banks go on an extended holiday. Okay, you've got all these warrants and on paper you're a millionaire. How do you get your money out?

While all of those things seem remote, at one time so did an ANV bankruptcy / robbery (kind of like the "bail in" in Cyprus). That being said, any extra cash you have should be going into physical metals, land, etc., that you can stand in front of and defend with an assault rifle.