News Focus
News Focus
icon url

Prudent Capitalist

01/07/26 11:36 AM

#20762 RE: Doubledown75 #20760

LMAO! $300? HYMC is being pumped and promoted based solely on the rising price of gold by people who simply do not realize what HYMC is, which is not a mine. Those promoting and pumping this know nothing about Hycroft & the mining industry & what makes a mine vs. just a resource in the ground. HYMC is a potential resource, that's it. A collective bunch of assays of stuff in the ground is all they have. Until the company can put a feasibility study together that shows how they can mine & process their resource profitably, it's just a resource in the ground. There's obviously a reason HYMC has not published a PFS/FS in almost 3 years as previously and repeatedly promised. They apparently can't show a profitable mine project. There has never been enough gold grade to pay for the capital required. Even at today's Ag prices, it's apparently not cash positive. Ever wonder why Hycroft never touts any Au grades? It's all smoke & mirrors until they publish a PFS.
icon url

Saving Grace

01/07/26 2:21 PM

#20763 RE: Doubledown75 #20760

Billionaire Investor, Eric Sprott, believes much, much more.

Shorts have to pony up for their mistake. LoL

Bullish
Bullish