Hycroft Mining Holding Corp (HYMC)

[webtex44]

More mis-information:, In november they laid off 109 workers from a 209 member work force. That leaves a 100 member work force. That is how they are continuing to process ore from the leach pad. The gold and silver reported on the last 10k did not just magically appear out of thin air.

The company raised nearly 200 million dollars in March and that gave them the funds to complete the mill for the POX leaching process, which yields more gold and silver from the type of ore at the Hycroft mine. We will be able to see if that mill is working on the next reporting date.

When the milling operation is fully in place, the mining will restart. It would make no since to have vast amounts of mining equipment sitting around not being used. They have enough ore on the exiting leach pad until then.

By the way, most of the large mining equipment is leased not owned.