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Replies to post #12404 on Hycroft Mining Holding Corp (HYMC)

Replies to #12404 on Hycroft Mining Holding Corp (HYMC)
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unbeREEvable

03/17/22 12:25 AM

#12405 RE: Saving Grace #12404

Post of the day Gracie!!

34+ year mine life...

Nearly 1 BILLION oz. of SILVER ( Going to 100 soon IMHO )

Look at how little that BLUE area is in relation to the size of that property Oh My... can you say HOMESTAKE wow...

I have seen estimates that ALL categories put the GOLD closer to 40 MILLION oz.
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Mr.Green

03/17/22 3:57 AM

#12408 RE: Saving Grace #12404

Great Post!
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bigblockwyz

03/17/22 10:02 AM

#12424 RE: Saving Grace #12404

They have no mining fleet at all. The processing facility will cost north of $1.2B not including a mining fleet. It's all low grade gold and both the gold and silver are mostly sulfides. The 34 year mine life is not accurate for the required facility. The exploration potential is huge though. A $50M exploration project may fill the voids they need to pay for the plan. It's a long play for sure. BUT, it needs to be bought and run by a mining company. Current ownership and leadership don't understand the complexity of this resource.