Hycroft Mining Holding Corp (HYMC)

[REAGAN]

If the Company can raise $350m CapEx it will be trading above $4/6 a share in short order. It’s been almost a year since they’ve registered shares to raise the cash. This is not a jr miner explorer bullchit. Proven mine with Ausenco reporting proven resources. The prior mgt before BK and now before Diane Garret were complete incompetent morons that used an unproven recovery method that utterly destroyed share. Current CEO fixed similar situation at Nickel Creek so she knows what to do. Just need $350m for a new plant and a chit ton of heavy earth mover equipment. Then Company is sitting on $3/4Billion yearly NPV til the end of time just about. I think they will get the money. They cut current crew and are running even. They’ve got very little cash on hand. Something needs to happen.

As far as the past three weeks. It appears Some pumps loaded up over the past month as Ukraine was coming into play. Spike in Gold over the past two weeks got people looking and voila a pump occurred in the entire sector not just HYMC.

Disclosure I have no shares. I shorted this stock since last May