Friday, April 23, 2021 9:42:43 PM
However, I have to say, I really really hope that you go against your intuition on this one and get yourself 5,000 HYMCZ so that you can also celebrate with us once everything is said and done since you have been a part of this board for some time now.
We don't want to leave anyone behind. The "buying frenzy" on the HYMCZ warrants looks like it's over so there are very few warrants being bought and sold right now on the open market. That to me also points to the doors closing soon.
To get 5,000 at the current price of around 30 cents, it will cost around $1,500. That to me is well worth risking in order to receive even just a fraction of what we are hoping to get back seeing that 5,000 warrants originally accounted for over 50,000 shares of ANV.
Remember when shares of ANV were $40 per share for a small window of time? That equates to holding a value of $2,000,000 for those who made their investments during that period of time when shares were priced at $40.
Click this: https://www.investing.com/equities/allied-nevada-gold-corp.-chart
Then scroll down to the chart, and click 1M to show (1 month time spreads).
Then look at April 1, 2011, and August 1, 2011. The investors who bought at this time paid $2,000,0000 for 50,000 ANV shares which converted to approximately 5,000 HYMCZ warrants.
This same amount today in the equivalent of HYMCZ warrants costs just at $1,500.
I would just like to say that if I were you I would at least sleep on it and think about it very deeply.
Could all of our collective efforts go to waste, or will over 500 investors (currently roughly 550) have enough power together to not only cause the SEC to investigate but also lead them down a path that uncovers even more that was not included in the book causing the entire mine to be hand delivered back into the hands of it's previous shareholders (HYMC halted), and all current investors paid back at the current fair market value of roughly $300M for the current shares, causing HYMCL, and HYMCW warrants to become worthless, with the tables completely turned 360 degrees, with the seemingly worthless HYMCZ warrants being converted from warrants to 1 to 1 shares causing the new share quantity of the Hycroft Mine to be 12.73 million, with HYMCZ holders making up the entirety of the new shares.
This is a best case scenario. Anything less than this would not result in justice being served.
However, assuming justice is not served, and the current hedge funds and institutions get to keep the mine, it would still be considered a "fair" amount of relief to receive $47.87 per HYMCZ warrant. A fund in this amount will equate to roughly $608 million dollars.
The corporation can easily handle this fund and still flourish once gold finally reaches a bottom and continues it's previous bull run. The bottom can come quicker than anyone may expect. It may be $1522, or it could potentially test $1370. To see these levels of resistance just change the chart to the monthly candle stick chart on http://www.pmbull.com/gold-price/
I personally do not believe it will fall to $1370 with $1522 most likely being the lowest low that it will test before proceeding upwards.
Situations like this are extremely rare and this will most likely be a precedent that all precious metals companies will look at as "what not to do to investors", and will forever go down in history as the largest gold and silver mine heist ever attempted.
There is absolutely no benefit to us whatsoever if you get yourself 5,000 warrants. This is out of the goodness of our own hearts that we are trying to encourage you to do so. We do not benefit from a temporarily price increase. The majority of HYMCZ warrant holders are expecting to receive relief and are not selling. So even if the price has a sharp increase, most will not sell. We would for love you to be a part of this with us and hope you make the decision to do so. Time is of the essence!
Recent HYMC News
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 08/23/2024 08:10:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 05:30:20 PM
- Hycroft Announces Second Quarter 2024 Results • PR Newswire (US) • 08/06/2024 01:00:00 PM
- Hycroft Announces First Quarter 2024 Results • PR Newswire (US) • 05/07/2024 12:30:00 PM
- Hycroft To Be Added To the Solactive Global Silver Miners Total Returns Index • PR Newswire (US) • 04/25/2024 02:00:00 PM
- Hycroft Exploration Program Defines High-Grade Mineralization Controls • PR Newswire (US) • 04/03/2024 12:00:00 PM
- Hycroft Announces Year End 2023 Operating and Financial Results • PR Newswire (US) • 03/14/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 01:00:17 PM
- Hycroft Announces Start of 2024 Drill Program Targeting High-Grade Silver Discoveries • PR Newswire (US) • 02/13/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 09:05:44 PM
- Hycroft Delivers More High-Grade - Expands New Silver System at Brimstone • PR Newswire (US) • 01/09/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 01:00:31 PM
- Hycroft Regains Compliance with Nasdaq Listing Requirements • PR Newswire (US) • 12/05/2023 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/28/2023 01:36:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 01:05:34 PM
- Hycroft Drills Best Hole Ever - Discovers New High-Grade Silver System • PR Newswire (US) • 11/16/2023 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 10:21:04 PM
- Hycroft Mining Announces 1-For-10 Reverse Stock Split • PR Newswire (US) • 11/09/2023 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 09:12:13 PM
- Hycroft Mining Announces Third Quarter 2023 Results • PR Newswire (US) • 10/31/2023 08:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:15:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/26/2023 12:30:37 PM
- Hycroft Mining Announces Reverse Stock Split • PR Newswire (US) • 10/26/2023 12:00:00 PM
- Hycroft Mining Finds Elevated Silver Across the Hycroft System in Phase 2 Drilling • PR Newswire (US) • 10/23/2023 12:00:00 PM
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