Eric Sprott’s HYMC Continues to Collapse Down 69% from High

Eric Sprott's Hycroft Mining (HYMC) continues to collapse. It is down another 11.70% today to $18.45 per share. It is now down 69% from its all-time high. Literally 100% of the people who rushed to buy HYMC following his Christmas Video are now losing money.

We warned prior to his Christmas Video that it was already the world's most overvalued gold stock at $16.42 per share, but people blindly bought into it because they were too lazy to do their own research. Soon, HYMC will be trading for less than $5 per share.

It literally can't go into production in a profitable, cash flow-positive way because it has refractory ore. Who has patented technology to unlock gold from refractory ore? Temas Resources (CSE: TMAS).

TMAS owns 100% of ORF Technologies Inc., which developed patented technology to unlock minerals from refractory ore without sulfuric acid.

China has cut off all sulfuric acid exports to the U.S.

Sulfur prices are up by 300% from one year ago.

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 has received compensation from TMAS of US$75,000 cash for a six-month marketing contract. This message is for informational and educational purposes only and does not provide investment advice.