Replies to post #7393 on Hycroft Mining Holding Corp (HYMC)

[unbeREEvable]

https://www.nnbusinessview.com/news/new-process-aids-sulfur-oxidation-at-hycroft-mine-near-winnemucca/#

I seems as though they claim to have 30 million gold equivelant ounces with a 35 year mine life. A valuation of 1.5 billion would not be out of the question. If we were diluted by a factor of two or three then the ratio of convertibility would be cut by the same factor no? Maybe converted at $2 or $3? We'll see. The 3 year count down has begun IMHO

[Tin foil hat]

So, if gold price hit $5,000 or whatever, the company goes public and the stock price exceeds $8.40, then my 1,000 warrants would worth 17.5% of $8,400.
Well, that number is not even close to what I'd lost.