Hycroft Mining Crashing Like NIA Predicted, Eric Sprott Investing Big into Highlander Silver
In recent weeks, NIA has been saying that Hycroft Mining (HYMC) is a meme stock trading with no connection to its fundamentals. HYMC declined by 11.53% yesterday and is down another 13.19% in pre-market trading. HYMC is the most overvalued gold stock in history trading for $300+ per oz of gold resources when the grades are only 0.265 g/t for heap leachable oxide gold… and that's the best part of their resource! The sulfide portion of HYMC's gold resource at 0.429 g/t requires expensive roasting and Pressure Oxidation (POX) treatment… making it uneconomic!
Eric Sprott is no longer investing more money into HYMC at these insanely overvalued share prices!
Instead, Eric Sprott is investing into NIA's #1 favorite silver stock Highlander Silver (TSX: HSLV). Sprott invested $40 million into HSLV this week at $6.80 per share and HSLV is about to acquire the world's second largest undeveloped silver resource Corani through its acquisition of Bear Creek Mining!
Highlander Silver (TSX: HSLV) is building real long-term value and will strongly outperform nearly all gold/silver stocks in the years ahead!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.