Hycroft Mining Holding Corp (HYMC)

[Wmucca]

The value of the gold and silver is based on the cost to mine and extract. $28B is meaningless until Hycroft Management shows a pathway to profitability. That's always been the case with the sulfide portion of the deposit and the biggest reason no major has bought this mine.

There are 20M tons of gold dissolved in sea water and no one is mining it either.

This mine will be a major producer but not until they prove to the market they can mine and extract the gold and silver for a profit.