2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 371.65

-1.1%

Nov 17 4:00 PM EST

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pak73

To: sense who wrote (185013)	3/11/2022 10:52:22 PM
From: bull_dozer	1 Recommendation Read Replies (2) of 217836

HYMC... In 2021 First Majestic bought Jerritt Canyon Mine (200 miles east of Hycroft) for $470 million dollars. For that price First Majestic bought 31,000 hectare package with 1.9M Au eq oz in all categories of reserves. Hycroft DWARFS Jerritt Canyon. A slightly smaller land package of 28,000 hectares but 15.3 MILLION Au eq oz in just the Measured and Indicated reserve category. The Hycroft reserves represent only 2% of the land package. So this is beast that needs someone with deep pockets to exploit. This should sell for over $400 million just for the land. If considering the resources...about $3.8 billion (using Jerritt as a recent sale). This is $64 per share! Even 10% of this is another 300% gain from here ...at least. reddit.com

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