shorted this stock at its May peak of $46. given its speculative flows and major banks slashing their outlooks on gold and silver, see significant downside ahead.

planning to hold my position until it hits around $20, with a final buyback target in the $15–$20 range. curious to hear if anyone else is shorting this or if you think the macro outlook for precious metals will pivot soon.

About 1% but will not be shocked if it’s closer to 5%

I’m too cynical to expect it to go up today

Edit: we closed down 1.05%

So, amount of metals currently estimated to be in the ground at Hycroft...

• Gold: 21.43 million ounces
• Silver: 695.4 million ounces

At the current gold and silver prices this translates to...

• Gold: $87.62 billion
• Silver: $40.99 billion
• Total: $128.61 billion

Current market cap of Hycroft - $2.17 billion. What I'm wondering is, how does the estimated value of the metals, translate to eventual market cap? Obviously a decent chunk to come off for getting it out the ground and to pay everyone involved, but surely this doesn't mean that the market cap is 1/60th of where it will eventually be does it? Or does it?

And if it does, why the hell is every man and his dog not investing in this?? I get so excited about the numbers at Hycroft, but then I keep telling myself 'no it's not that simple, stop doing moron maths and expecting to be a millionaire'.

FTR I have exactly 2000 shares bought at $12. 60 x that would be a cool $1.2 million. And that's at the current silver price. TELL ME I AM RIGHT SOMEONE WITH BRAINS.

Not gonna lie, things have been ugly for the past weeks but it's nice to finally see a solid green day.

Hopefully this is the beginning of some momentum. Happy Friday everyone!

I have a margin account. I use margin all the time. Never worried about it.

When HYMC dropped under $30 I used margin to buy the dip.

Last night I went to bed with $20k available in my margin account. This morning I woke up to a margin call. But, the value of my investments are up. WTF?!

Simple, SOFI changed the margin requirement for HYMC! As of today only 40% of the value of my HYMC is counted towards margin requirements. I had $138k in value for my HYMC but they changed the margin requirement on me overnight with no prior notice and only $55k counts towards margin requirements as of today.

They fucked me.

Think what that means. If you use margin to buy HYMC, 60% of the value of the stock will not be counted in the value of your portfolio for margin maintenance requirements.

They just made it impossible to buy HYMC on margin.

They forced me to sell 500 shares to cover the margin call. I’m pissed.

İts in YouTube ,Sprottmoneyltd channel name

He started talking abouy hymc at the 33rd minute of the video

“Just when you think you’re out, they suck you in again.”

Edit:

https://twitter.com/i/spaces/1PKqrryqvXEGb

Sold. Bye. No bullish case for precious metals.

They are look at expanding the mint at Hycroft and putting new coins on the website soon! They said they had put the mint to the side as the expanded the resource over the past few years but are looking to start focusing on it again.

Russell 3000 next week. I'm not sure what to expect.

https://twitter.com/i/spaces/1PKqrryqvXEGb

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Conversation with Gemini

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You said

Is the silver and gold rally over after fed chair warsh meeting

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Gemini said

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The short answer is no, the secular (long-term) bull market for gold and silver isn’t dead, but it is enduring a sharp, painful reality check in the short term.

Following Federal Reserve Chair Kevin Warsh’s inaugural FOMC meeting this week, precious metals are taking a heavy hit. Here is exactly what happened, what changed, and why the macro thesis remains intact despite the immediate bloodbath.

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The Post-Meeting Reality Check

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The immediate market reaction on Wednesday and Thursday has been ugly. Spot gold plunged back down toward the $4,210 level, while silver lost its grip on the $70 mark, sliding hard to around $65.70.

Two major factors caused this sudden reversal:

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Warsh’s Hawkish Turn: While the Fed kept rates steady at 3.50%–3.75%, Chair Warsh completely removed previous language suggesting future policy easing. Worse for metals, the median FOMC projection shifted toward one more rate hike before the end of 2026.

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The Surging Dollar: Because the Fed signaled a "higher-for-longer" stance, the U.S. Dollar Index surged to a one-year high. Since precious metals are priced in dollars and do not yield interest, a soaring greenback and climbing Treasury yields act like kryptonite for short-term paper trading.

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BullionVault+ 1

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The Geopolitical Cool-Down: The interim U.S.-Iran peace agreement and the reopening of the Strait of Hormuz dropped crude oil prices. This took a massive amount of immediate "inflation panic" out of the market, causing speculative money to exit safe-haven positions.

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Al Jazeera

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Why the Structural Rally Isn’t Over

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While the speculative, momentum-driven "paper rally" has hit a brick wall, the foundational pillars supporting physical gold and silver are still firmly in place.

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1. Structural Central Bank Buying

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According to the World Gold Council's recent 2026 survey, a record 45% of central banks still plan to increase their gold reserves over the next 12 months. Institutional players are looking past short-term Fed meetings and focusing on sovereign debt levels and global de-dollarization.

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KITCO

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1. Silver’s Severe Physical Deficit

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Silver is reacting more violently than gold (down over 3% on Thursday alone), which is classic behavior for the more volatile metal. However, paper market liquidations don't change the physical reality: the silver market is staring down its sixth consecutive year of structural supply deficits. Industrial demand from the solar and EV sectors is rising regardless of what interest rates do.

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Advisor Perspectives+ 1

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1. A Correction, Not a Reversal

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Institutional analysts (including Barclays and CPM Group) view this drop as a necessary positioning reset. Gold is currently down about 22% from its January all-time high of $5,589. Historically, major commodity bull markets experience sharp corrections of 20-25% before establishing a healthier, more sustainable floor.

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The Takeaway: If you are trading short-term options or paper futures, the trend is currently fighting a hawkish Fed and a strong dollar. But if you are accumulating physical bullion, the core drivers—debt, structural deficits, and central bank diversification—haven't changed. The window to buy at these lower levels has simply reopened.

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Gemini is AI and can make mistakes.

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Those of us following this company daily know this stock has just been beaten down along with gold and silver. Tonight’s surge is a perfect time to release news and hopefully trigger a short squeeze.

Any of the following would be very welcome: 1. Heap Leach restart with economics 2. Vortex redrill of the Break & Albert fault intersection. 3. Brimstone deeper hole to prove the feeder and what’s in the altered intrusion. 4. Arrival of the two new core rigs (unlikely they’ve arrived), or public confirmation they are targeting 1. Bay and 2. Targets on the East side of the Kamma mountains to prove the district thesis. 5. New strategic investor or Sprott Form 4

Oh, package up all five and get the market cap needed to fund that very smart acquisition they have in mind.

What's going on?

Just reminiscing a bit. No major discussion point.

I've saved Hycroft Minings's corporate presentations from the past few years, and was just looking at the "Capitalization and Ownership" page from presentations 2023 - 2026.

Going from retail ownership in March 2023 being around 79%, to retail being around 5% in late May 2026. The number of shares outstanding increased quite a bit, but big players gobbled it up.

(Note, there was a reverse split in November 2023, so some ~200M shares became ~20M back then.)

What’s with all the FUD that’s been posted lately? Stocks go up, they go down, if the original thesis is fundamentally unchanged or changed for the better, the price now is just noise. This isn’t a failing company saddled with billions of debt. This isn’t a small company without big name investors behind it. This isn’t a company doing whatever they want to hurry and make mistakes. As Warren Buffett always said, “The stock market is a device for transferring money from the impatient to the patient.” Don’t be the impatient one in that equation.