Replies to post #147037 on AMC Entertainment Holdings Inc (AMC)

[MasterBlastr]

Just traders. Pure pump and dump after $5. HYMC is now dead money while they go through the Long Slog to production. Nothing is coming out of the ground for at least another 5 years. Not much an investment now. Never was.

[Prudent Capitalist]

Bingo! Spot on stockman. Hycroft (HYMC) does not have any current mine, mining equipment or mining operations. AMC still has some little investment left after selling out of the majority of its HYMC investment at a loss, but it is not really invested in anything with HYMC:

LMAO! What gold mine? AMC invested in a defunct mining company. Hycroft (HYMC) has no current actual mining operations or revenue, and no mining equipment anymore. There are a ton of questions that will have to be answered, funds raised ($5 -$7 Billion), and construction completed before HYMC can even think about resuming actual mining operations for commercial production of gold or silver in the distant future some day, if ever, e.g.:

1. When and how will HYMC raise the necessary funding, at least $5 Billion+ and now estimated to be more like $7 Billion, to complete the necessary steps, construction and purchase of the requisite mining equipment to reopen the mine?

2. How long will it be before HYMC has a functioning completed leach pad? The alleged "new" leach pad isn't even finished...pumps were never installed and only a fraction of the piping;

3. The big Merrill Crowe plant isn't operational. What is currently being done to construct and complete a functioning Merrill Crowe plant, which is a requisite element of any reopening of the mine and resumption of mining operations?

4. What is being done to provide and secure adequate power for a reopening of the mine and resumption of mining operations? The incoming power line isn't big enough and will have to have a new transmission line off the main power grid parallel to I-80, 75 miles away.

5. When will HYMC secure the requisite permits to have in place? They need to permit a roaster and/or autoclave. Permits they don't have currently; and

6. Boots on the ground in Humboldt and Pershing Counties where the defunct former Hycroft mine property is located continue to indicate that the Hycroft property is pretty much a ghost town, e.g. no visible activity or employees (I suppose Diane and her brother may visit the site once in a while), and no sign of any equipment on site, etc.

HYMC ceased all mining operations in early November 2021, and these are just a few questions and points which need to be answered before any thought or preparation for any resumption of actual mining operations on down the line in the distant future.

[fung_derf]

So, in a roundabout way, I came across the post of yours below, it intrigued me, so I read through a bunch of your posts through the years (I like to see if a poster progresses). Your posts over 5 years read like a movie script. The highs, the lows, the attacks, the depression.....I'm curious, are you considered a "basher" now? How does this feel? If you don't mind sharing, did you lose a large sum over the years? More importantly, what have you learned? Who do you consider to be the villains now?
I can't quite figure if you've had the epiphany or not yet.

Stockman1010101

Member Level
Re: timetomakemoney post# 22768

Thursday, April 08, 2021 1:52:39 PM

Post#
22775
of 147197
This guy called "The wolf of wallstreet" is an arrogant SOB. Like a wolf he preys on people's fears and weakness. Much or similar to what the shorts are doing now to get people to sell. The wolf thinks he knows what he is talking about and keeps bragging how he was right about this and right about that. That's a sign about a person who would sell his best friend for money. I would not listen to him he does not have it all right. He keeps saying the 500M dilution vote will happen. He is 100% dead wrong on that, I will be willing to bet him a dinner at McDonalds that he is dead wrong. I bet $10 dinner because this is all this Pironna of Wallstreet is worth to me. I feel bad for Trey having to shell out $10Gs to pay to listen to this loser talk. why would any of you take advice from a notorious HF loser like that who was so aggretuious bad they made a movie about his criminal hedge fund ways. It's like taking advice from Berney Maddof who is locked up in prison now.
So people wake up and smell the coffee. You want advice how to make it big listen Warren Buffet for advice not a HF scam artist.
My advice to you is AMC will be $100 stock in the near future. The movie industry will always need movie theaters just like people will always go to restaurants. As Warren always says buy when everyone is selling if you believe in this business model nothing else. You have a CEO who would give his right arm to keep the business afloat so you have a winning management team that their stock will reflect their business handling. Squeeze or no Squeeze you will not lose money investing in AMC stock in the long run at $10 PPS now.
GLTA.