Replies to post #5626 on Hycroft Mining Holding Corp (HYMC)

[Richcc71]

You're obviously deranged! A C7 bankruptcy? So they manipulate a $1.4B company down to $200-300M in order to stave off a C7 scenario, then wait 18 months... then declare C7! Genius! Might have been a better move to C7 at $1.4B mate....

I am unsure what will happen. They have a debt that is due by March 31, 5 weeks away. They either need to pay it or restructure the finance, if thats possible.

We will have to wait and see. My guess is Barrick will swoop down before end of March. With gold at $1240, we may be fortunate and get over $1B. Which will give the warrants a value - if you can afford to hold then do so. If you're sick to the high teeth of this industry, then sell and move on!