#AMC
owns a large part of HYMC
@HycroftMining
.
10,600,000 oz x $2,200 = $23B
23b, after AISC is 1,200 per oz of gold mined you get a return of $10B dollars…
Silver is worth $25 oz x 361,000,000 = 9B
The AISC or “All in sustaining costs” come out to 80% of that 9B which…
@S_O_J_K_A
@HycroftMining
I strongly agree here but there’s still the issue of actually mining and extracting the resources which Hycroft hasn’t done in more than 5 years to my knowledge.
@S_O_J_K_A
@HycroftMining
Could be years until they actually mine anything. It could also not be feasible, need to await the feasibility study later this year before getting excited. If it was that good institutions would be piling in…..
@S_O_J_K_A
@HycroftMining
Yeah, once I saw what they had mapped out, I grabbed several hundred shares. If they do well, then it's like an exponential effect due to owing shares of $AMC as well.
@S_O_J_K_A
@HycroftMining
Our investments in AMC are diversified in so many ways. If you don't have time to see a movie, buy your candy for the month at AMC theaters. Do a quick look at the movie posters to see if any movie you want to see will be playing soon. Make AMC movie plans. Give AMC gifts.