Replies to post #5364 on Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

Debt not totally gone

The problem is that it looks like the company make almost no money after processing. i.e. Revenue just seems to over the cost of producing the gold/silver and there is no profit left over for debt or equity.

While the old company bonds got wiped out, the DIP financing and Swap had to take tens of millions of dollars of debt in NewCo since the cash did not exist to pay them off.

That what the problem is. If the company was making a few million or more per month, then they would not have been in trouble or could have reorganized without the existing common getting only warrants in NewCo.

In any case, since there is no public market, unless a private sale is somehow arranged, there is no way to trade the NewCo equity.

I think that if someday they do put out financial statements, they will show the company continues to lose money and is sliding towards liquidation for 2017.

Louis J. Desy Jr.

[Olti100]

Please dont feed the BEAST.He is the beast after our Investment.He is here in a Mission from the Thieves in posesion to steal our money already in that BK Company worth more 1B$ and to be stolen from your pockets on the Hedge Funds pockets which pay this Evil person to post the venom of the POR of the thieves stealing a 1.8B$ in here so we are left with the Nothing thrown as bone to us.Just spit in his evil face and leave him in his pathetical Evil life full of miseries.
So please DONT FEED THE EVIL and dont ask for help from him.He isnt our friend but precisey our Enemy.He need to send to jail and instead he is posting in here trying to ensure his theft is left untouched and unpunished from the USA Justice system.There many people to go to jail but because USA is shifting to a Evil State where the POwer of Few is going to Steal whats left from its Own Citizen than we are left with no Choise but give up them stealing our Money Gold in this case.So please Spit on his evil faace and lets move on and see what our heroes fighting for justice nad the Right Reward or return for our Investment achieve.If it was for me he and his Payrollers would be send to Alcatrax for the rest of their miserable lifes in the Earth.