Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

HYCT trading 'grey market' and direct registration

I know people are amazed, and even I was when I first realized the trade had taken place. It went off on 10/30/2019 and I did not notice for a few weeks. When I would glance at my positions I must have thought or confused it with HYCTW, the warrants.

I got a message from the broker that the share has been submitted for direct registration and will take 3 to 5 days. Once that happens, and I find out who the transfer agent is, I will be able to ask more questions about the 'grey market' and exactly how the shares are trading.

One question I do have and do not remember from prior, were there any retail market holders of the bonds? I assume that shares that are trading are those people that got HYCT when the company reorganized, since I can't make any senses as to what the HYCT are trading in such strange blocks; otcmarkets.com shows something like a few trades of 131 shares, which I can't see if it was something like a large holder of the bonds pre filing.

One of the problems with trading HYCT is that the online system does not show any bid/ask and the price $0/$0 on both and that usually creates all kinds of problems putting in an order, and then getting the order to ever go through.


Louis J. Desy Jr.