Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

Warrants exercise

I took a look at the warrants, and even bought some yesterday.

Since the financials are limited to common shareholders, and not warrant holders, my plan was to buy a warrant, and then exercise the warrant so I could get a common share.

As a side note, the common does have a symbol, HYCT, but nothing trades in the automated system; there are no shares listed on the bid or ask, even though I have an order in to purchase.

The warrants have some kind of special language in that they are only allowed to be exercised in a special or liquidation event. Part of the reason is to avoid going over 500 shareholders and being required to file.

While I can understand that I can not understand why the company just does not go 'grey' and file reports that are just not at the level of SEC reporting.

The other interesting items is that it seems the main mine project is 75% owned by West Kirkland mining (WKLDF) and does trade. The only problem is they recently out out a presentation where they stated and seem to advocate not doing anything until gold is over $2,000 per oz. In the presentation they put it out there as GIG, Gold in the Ground, and estimate that their way is a lower cost way to 'store' gold than what one would pay to store physical gold. They also like the fact that the project is un the United States so there should be a lot less geopolitical risk to any mine.

Louis J. Desy Jr.