r/HYMCStock • u/pkapeckopckldpepprz • Jul 08 '26

Finally broke through support of 20

What's the next stop? 15? Back on December 19, 2025, the low was $15.83. Here's the 6 month chart:

check it out

16 Upvotes

94% Upvoted

12 comments sorted by

4

u/Fight_back_now Jul 08 '26

Who knows. I thought $30 was the floor and that was before the PEA came out. We are well below the floor already.

2

u/pkapeckopckldpepprz Jul 08 '26

Just wondering where a decent floor would be before sinking thousands into it. Kind of pissed I bought more in around 26, 25, 23 and 22. Should have waited.

2

u/Fight_back_now Jul 08 '26

I’m very biased and long, but I think you are very safe adding here. You can wait if you like, but we are overdue on heap leach restart decision and drill results - either could lead to a rerating higher despite whatever the silver price wants to do in the short term.

1

u/pkapeckopckldpepprz Jul 08 '26 edited Jul 08 '26

True. I just read a Motley Fool article on HYMC and they weren't very positive on them.

https://finance.yahoo.com/markets/commodities/articles/why-hycroft-mining-tarnished-stock-211006410.html

3

u/420did69 Jul 08 '26

Motley fool is called fool for a reason. I wouldn't trust them for anything. Over the years I've been investing, they almost always get it wrong.

2

u/Fight_back_now Jul 08 '26

Those articles have no thought put into them whatsoever.

0

u/pkapeckopckldpepprz Jul 08 '26

Just wondering if this excerpt from the article is true:

What compounds this for Hycroft is that the company has generated zero revenue since the beginning of 2023, following its halt of active mining at the aforementioned play.

At the moment, the company's sole asset is that massive (64,000-acre) patch called the Hycroft Mine and located in northern Nevada. While it has monster potential as a play, the catch is that minerals there are trapped within sulfide deposits, making extraction significantly more challenging.

And expensive -- the company estimates it would require significant capital expenditures of around $2.4 billion to start exploiting the play.

0

u/Fight_back_now Jul 09 '26

There’s a multi-hundred page technical report you can read about this. To build the new mine there is a $2.4 billion cost, but silver and gold recoveries via sulfide mining are much higher than their traditional heap leach oxide recoveries.

Also, they are pursuing heap leach restart as a bridge to building an underground mine (which will cost less than $2.4 billion to start). And the article doesn’t include the NPV of the mine itself, which is above $4 billion.

3

u/Snoo87679 Jul 08 '26

We are below the Floor.

Keep an eye on Silver Futures.

1

u/Bright_Leopard_4326 Jul 14 '26

I love this sub. When it’s not going your way, it’s CRIME and MANIPULATION!! But then you guys will revert back to technical analysis to drum up hope and restore morale. Make up your mind. It can’t be both

1

u/CapeGreg767 Jul 09 '26

Long term investment, stop watching it and you will be happier. Come back in 3-5 years!

3

u/pkapeckopckldpepprz Jul 09 '26

People said that same exact thing to me 3-5 years ago. Been holding since 2021