Post by
Fabe on Mar 15, 2022 7:37am
Things are happening...
!?!?!?!?! AMC to acquire 22% of gold and silver miner Hycroft in surprise move https://www.marketwatch.com/story/amc-to-acquire-22-of-gold-and-silver-miner-hycroft-in-surprise-move-2022-03-15 !?!?!?!?!?
Comment by
stockzorg on Mar 15, 2022 8:38pm
Hycroft market cap = $125 million. 15 million oz. Au at $1900/oz = $28.5 Billion. 600 million oz. Ag at $25 = $15 Billion. Just selling the 15 million oz. of gold would net about $900 million minimum.