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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (185227)3/12/2022 12:25:55 AM
From: sense1 Recommendation

Recommended By
bull_dozer

  Respond to of 217836
 
The Reddit crowd strike, again ?

Nicely done if you grabbed a few...

I noted earlier today the Reddit guys had engineered a short squeeze in CEI at one point a few months back... only because someone was short 20% of the float... But, that's about "flowmo"... not so much about being in early on quality and "value driven" plays ? Maybe a quality management can sell a few shares from treasury and put some stuffing into the story with a big move like that ?

I do remember digging into the DD on the story some years back... and coming away from it not satisfied... but, still don't recollect any of the details...

Big difference between declaring a resource exists... and demonstrating it can be mined profitably based on the data in hand... would be my guess... with a lot of work to be done between "a find" and "a mine"...

But, I've not looked at it recently... have no idea what might have changed...





To: bull_dozer who wrote (185227)3/15/2022 6:53:18 AM
From: bull_dozer1 Recommendation

Recommended By
Julius Wong

  Read Replies (2) | Respond to of 217836
 
HYMC

AMC to acquire 22% of gold and silver miner Hycroft in surprise move

AMC Entertainment Holdings Inc. AMC, -5.17% said Tuesday it is buying 22% of Hycroft Mining Holding Corp. HYMC, -26.06% and its 71,000 acre Hycroft Mine in Northern Nevada, that is understood to have 15 million ounces of gold deposits and some 600 million ounces of silver deposit. The company will also receive 23.4 million warrants priced at a discount of $1.07 a share. Hycroft shares closed Monday at $1.37. Eric Sprott, a metals investor, will make an investment equal to AMC, the company said in a statement. Combined, the investment comes to $56 million, giving Hycroft financial runway.

marketwatch.com