Hey Nick, I really don't think anyone is keeping the price down artificially. I think that very few people know about what is going on and so the price will fluctuate greatly with very little volume.
Keep in mind, since we only have about 3 million warrants unaccounted for (based on the previous volume over the past few months), my guess is that once these 3 million are bought up, we will never see the price again at these levels, because who would be left to sell to drive the price down, once everyone who was going to sell has already sold?
My guess is that once the price goes above $1, it's not coming down. We just need to have it break above $1 for that to happen. So only time will tell how long this will take.
It's like this... There are so few people selling that all we need is for people to buy up what is remaining on the level II order book. Then we will establish new highs and potentially get the attention of the entire investment community (because of the alerts that people look for on their trading platforms).
For instance, anyone looking for "Any stock that has increased more than 25%, in a single day", they will buy our HYMCZ without even knowing what is going on, on pure speculation that something is driving the price and they too want to be in on it.
So the perfect storm is brewing without even realizing it. It's a little force that went into motion that will be carried out whether anyone likes it or not. It's kind of like an asteroid falling into the ocean. Once the asteroid hits, it will cause a wave, and that wave will follow it's path releasing the energy it has.
Something similar will happen with these warrants. The only thing is, we do not know how big of a wave we created and we do not know how much energy is going to be released.
So lets hang in there. Keep our heads held high, and just let things play out.
We did not all join together to fight this heist of a lifetime for no reason. We joined together to prevent this BS from ever happening again in the precious metals industry saving tons of future investors from falling into a similar trap.
Yeah we paid the price to have to wait 5 years for this to come to an end, but normally when people pay such a big price, it is well worth their time.
For instance, scenario 1:
We think that the SEC will sue for a 100% recovery which will cause our sell orders at $39.99 to instantly be filled overnight, and still provide those who buy our warrants with a large enough potential profit to make it well worth their time to wait to receive from the recovery fund.
Scenario 2, could far surpass scenario 1.
While investigating, the SEC could find things that reveal far greater damages than our researchers found, which could cause the recovery fund to be far greater than our expectations, which could potentially cause a halt of trading to HYMC, and all other Hycroft Mining warrants halted with a news report that will make our jaws drop.
As far as the tweet. Awesome work! The more we tweet that article and spread that article, the more people that will unite with us.
AI
