Friday, April 30, 2021 8:30:31 AM
Also, only in the best case scenario will holders of just 5,000 warrants receive a starting value of about $200,000. That would entail either a recovery fund of $608M, or company assets frozen, current holders of HYMC receiving a fair value for their shares, and then the company being handed back over to HYMCZ holders. This is the only truly fair scenario, because it is not fair for HYMC holders to still be able to hold their shares when the assets they hold are stolen assets. They need to be returned to their rightful owners.
In the second scenario with the company behind handed back over to HYMCZ holders, with the gold market back at highs of $2,100, the price of our "new shares" could easily go up 5x in value which would theoretically make each holder of 5,000 a millionaire. Although most individuals will most likely not hold their shares long enough in this scenario since they have been waiting so long to receive relief. Most will be happy to receive whatever the initial value is that we all receive as part of our recovery package.
The SEC and other authorities are perfectly capable of handling such a task. Give it just a few more months. It will be well worth everyone's time.
Recent HYMC News
- 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
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 08:34:50 PM
- Hycroft Mining Provides Update on Nasdaq Listing • PR Newswire (US) • 10/04/2023 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:05:40 PM
- Hycroft Mining Provides Update Regarding Nasdaq Listing • PR Newswire (US) • 09/25/2023 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2023 09:25:09 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM