Other thoughts on HYCT and HTCYW
1: I am not sure it will be possible to 'force' public reporting if there is no way around the restrictions on who can buy common shares or exercise warrants since there may be no way to get the number of common sharesholders to increase.
2: One way to come up with a value as the project is to look at West Kirkland Mining (WKDLF) since they own 75% of the project and HYCT is 25% of the project and see about West Kirklands presentations and market cap.
3: It is possible, and something that I am expecting, most methods of valuing the company or the project will not take into account if there is a sudden rise in the price of gold, on the order of something like over $2,000 or even $4,000 per oz depending on what happens with US debt and US government debt. It is possible that the US will have a currency crisis and a debt crisis at the same time and gold would skyrocket in terms of USD. In that situation people within the US in USD would benefit, as far as HYCT and HYCTW is concerned since what would really be happening is not that gold was going up in price, by the US dollar was falling and this shows up by gold rising in USD. That scenario could be checked to see what the price of gold was doing in other currencies. (As a note, over the long term I expect all currencies to fall at varying rates against gold, which will show as gold rising in each currency. If you find a currency where gold is not going up in price then that may be a truly stable currency.)
4: People that had old ANV sahres converted into HYCTW may want to look at selling the HYCTW, waiting more than 30 days, and then rebuying the HYCTW. While the bid/ask spread is not good, the benefit of selling and then rebuying is that anyone in that situation could declare the loss on this years taxes, and still have the same holding with the benefit of getting a refund on part of the losses this yeaar.
Louis J. Desy Jr.
