Replies to post #7607 on Hycroft Mining Holding Corp (HYMC)

[hyct_investor]

Based on what people are taking, Novo will be company of this century..

Australia Pilbara is going to be one of the great find and Quinton Hennigh is wells respected leader. Kirkland lake gold (KL) has almost 18% stake on the company.

It is a explorer company, yet to produce single ounce of gold.. market cap is at $500M.

See link below on the economics ... It might have optimistic..

https://www.thehedgelesshorseman.com/novo-resources/novo-playing-with-ore-sorting-numbers/

It will take time to go to higher multiple, amount of gold Pilbara has and what Novo owns, 10x is very low..