{"id":7400,"date":"2026-03-19T14:49:28","date_gmt":"2026-03-19T18:49:28","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=7400"},"modified":"2026-03-19T16:23:17","modified_gmt":"2026-03-19T20:23:17","slug":"eric-sprott-was-buying-hymc-at-45-50-per-share-lol","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/eric-sprott-was-buying-hymc-at-45-50-per-share-lol\/","title":{"rendered":"Eric Sprott Was Buying HYMC at $45-$50 Per Share LOL"},"content":{"rendered":"\n
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The largest position<\/strong> of NIA’s President<\/strong> by far is the iShares MSCI Brazil ETF (EWZ)<\/strong>, which has very strong exposure<\/strong> to crude oil<\/strong> through its large stake in Petrobras (PBR)<\/strong>… the world’s most undervalued oil company. NIA has been saying for months that EWZ<\/strong> is extremely undervalued<\/strong> relative to GDX<\/strong>, GDXJ<\/strong>, and VOO<\/strong>. The fact that crude oil<\/strong> is the top story<\/strong> in the news right now is more proof<\/strong> that we are in a new secular bull market<\/strong> for natural resources<\/strong> in general. It should be no<\/span> surprise<\/strong> to anyone that the crude oil\/gold<\/span> ratio<\/strong> is rising<\/strong> from an all-time low<\/strong>. Almost every commodity<\/strong> trading near all-time lows<\/strong> priced in gold<\/strong> is likely to outperform<\/strong> gold<\/strong> in the years ahead.<\/p>\n\n

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We stand by our belief that Trio-Tech International (TRT)<\/strong> and Celtic plc (LSE: CCP)<\/strong> are the two safest<\/span> stocks<\/strong> in the market with a 100% chance of going up<\/strong>. Even if TRT<\/strong> isn’t revalued to Aehr Test Systems (AEHR)’s enterprise value\/revenue multiple<\/span> of 21x<\/span><\/strong>, TRT<\/strong> will at least be revalued to an enterprise value<\/strong> of 3\u20135x revenue<\/strong>. Even if Celtic<\/strong> isn’t revalued to Madison Square Garden Sports (MSGS)’s enterprise value\/revenue multiple<\/span> of 8.10x<\/span><\/strong>, Celtic<\/strong> will at least be revalued to an enterprise value<\/strong> of 3\u20135x revenue<\/strong>.<\/p>\n\n

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TRT’s two announcements<\/span><\/strong> this month are the biggest<\/strong> in company history, and neither<\/strong> are priced in<\/strong> yet! TRT<\/strong> today is like One Stop Systems (OSS)<\/strong> one year ago. TRT is the best<\/span> $55 million company to ever exist in world history and will easily be worth $200 million or more<\/span> in the short-term<\/span>… even if it doesn’t immediately surpass AEHR’s $1 billion<\/span> valuation!<\/span><\/strong><\/p>\n <\/div>\n\n

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Imagine if Hydrograph Clean Power (HGRAF)<\/strong> signed a $2.5 million automotive contract<\/strong> and a $5.3 million AI GPU contract<\/strong>. Kevin Bambrough<\/strong> would hype it up as proof that HGRAF<\/strong> not only deserves its $2.32 billion market cap<\/strong>, but somehow deserves to be worth $50 billion<\/strong> or more. But all HGRAF<\/strong> managed to announce this week is: “HydroGraph Certifies Broadway as Qualified Compounding Partner, Expanding Commercial Graphene Masterbatch Capabilities in the UK and Europe”<\/em>… the kind of deal any company can sign to keep people hoping<\/strong> that real<\/strong> contracts are coming (they are not).<\/p>\n\n

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QI Materials (CSE: QIMC)’s announcement<\/strong> today is 1,000x<\/strong> more important<\/strong> than anything HGRAF<\/strong> has announced in history. Natural Hydrogen<\/strong> is the #1 biggest new<\/span> boom<\/span> of 2026<\/strong> and is in the very early innings<\/strong>… but it is very high risk<\/strong> and speculative<\/strong>.<\/p>\n\n

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A few months ago, our gut feeling was that Hycroft Mining (HYMC)<\/strong> was extremely overvalued<\/strong> at $30 per share<\/strong> and we tried shorting<\/strong> it but didn’t<\/strong> get filled<\/strong>. When it rose back<\/strong> to $30 per share<\/strong> for a second time, we knew it was going a lot higher<\/strong> and didn’t short<\/strong> it. When Eric Sprott<\/strong> recently increased<\/strong> his Highlander Silver (TSX: HSLV) position<\/strong> at $6.80 per share<\/strong>, we purposely lied<\/strong> when we said he was no longer<\/span> buying<\/span> HYMC<\/strong>… because we knew that he still was buying HYMC<\/strong> at prices of $45\u2013$50 per share<\/strong>, which made us cringe<\/strong>, reminding us of Michael Saylor buying Bitcoin<\/strong> at $100,000+<\/strong>.<\/p>\n\n

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In our opinion, Eric Sprott<\/strong> was mainly buying<\/strong> HYMC<\/strong> at crazy overvalued<\/strong> prices to keep people confident<\/strong> in a company with very low<\/span> gold<\/span>\/silver<\/span> grades<\/strong> and bad metallurgy<\/strong>. It is impossible<\/strong> for HYMC<\/strong> to produce<\/span> gold<\/span>\/silver<\/span> at a profit<\/span><\/strong> no matter how high gold<\/span>\/silver<\/span> prices rise<\/span><\/strong>. It is similar to Frank Giustra’s Argenta Silver (TSXV: AGAG)<\/strong>, which can never<\/strong> be developed<\/strong> into a profitable mine<\/strong> under any circumstances… but at least Giustra<\/strong> has been openly selling AGAG<\/strong> and not trying to trick<\/strong> people into buying<\/strong> more<\/strong>.<\/p>\n\n

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HYMC’s valuation<\/strong> totally relies on Eric Sprott backing<\/span><\/strong> the company. Without Sprott promoting<\/span> HYMC<\/strong>, it would be less than $10 per share<\/strong>. HSLV doesn’t<\/span> need<\/span> Eric Sprott to back it.<\/strong> We greatly welcome<\/strong> that he does, but even without Eric Sprott<\/strong>, the moves Richard Warke<\/strong> and Daniel Earle<\/strong> have been making are creating real, long-lasting shareholder value<\/strong>. It is best to hold strong<\/strong> and focus<\/strong> on the big picture<\/strong>… HSLV’s Corani<\/strong>, the world’s<\/span> largest<\/span> fully permitted, construction-ready<\/span> silver project<\/span><\/strong>. Prior to development<\/strong>, they have many “easy wins”<\/strong> in the short-term, likely to expand its resource size<\/strong> to a level that far surpasses<\/strong> Discovery Silver (TSX: DSV)’s Cordero<\/strong>.<\/p>\n\n

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Americas Gold and Silver (USAS)<\/strong> should have never<\/strong> traded<\/span> above<\/span> $10 per share<\/strong> and remains extremely overvalued<\/strong> today because of antimony<\/strong>. United States Antimony (UAMY)<\/strong> is even more overvalued<\/strong> than USAS<\/strong>. In our opinion, NevGold (TSXV: NAU)<\/strong> remains completely undiscovered<\/strong> as an antimony play<\/strong> and is likely to strongly outperform<\/strong> USAS<\/strong> and UAMY<\/strong> between now and year-end… similar to how Energy Transition Minerals (ASX: ETM)<\/strong> has a 100% chance of outperforming<\/strong> USA Rare Earth (USAR)<\/strong> and Critical Metals (CRML)<\/strong>.<\/p>\n\n

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The insider buying<\/strong> of Super Copper (CSE: CUPR)’s CEO<\/strong> has more meaning<\/strong> to us than anything else<\/strong>. If he hits big<\/strong> on CUPR’s initial<\/span> drill holes<\/strong> later this year, he has the backing of Apeiron Investment Group<\/strong>… the firm backed by two billionaires:<\/strong> Christian Angermayer<\/strong> and Peter Thiel<\/strong>… and they can take CUPR<\/strong> to the stratosphere. CUPR<\/strong> has just received<\/strong> independent<\/strong> research coverage out of Europe. This morning, CUPR<\/strong> made a crazy brand-new high-grade<\/span> copper discovery<\/span><\/strong> that we will be discussing more<\/strong> in the days ahead when the TSX Venture<\/strong> begins to bounce<\/strong> from these deeply oversold<\/strong> levels!<\/p>\n <\/div>\n\n

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Viva Gold (TSXV: VAU)<\/strong> is back down to $0.12 per share<\/strong> and is almost back to where NIA’s President purchased<\/span> 100,000 shares<\/strong> in August at $0.085 per share<\/strong>. If it returns to $0.085 per share<\/strong>, he will be quadrupling down<\/strong> on it.<\/p>\n\n

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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 owns a position in EWZ. NIA has received US$50,000 cash from CUPR for a new six-month marketing contract and previously received US$30,000 cash for a three-month marketing contract. NIA has received compensation from NAU of US$100,000 cash for a twelve-month marketing contract. NIA has received compensation from QIMC of US$50,000 cash for a six-month marketing contract. NIA’s President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. NIA’s President has purchased 100,000 shares of VAU in the open market and can buy or sell shares at any time. NIA’s President has purchased 75,000 shares of CCP and intends to buy more shares. NIA’s President has purchased 1,300,000 shares of ETM 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.<\/p><\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The largest position of NIA’s President by far is the iShares MSCI Brazil ETF (EWZ), which has very strong exposure to crude oil through its large stake in Petrobras (PBR)… the world’s most undervalued oil company. NIA has been saying for months that EWZ is extremely undervalued relative to GDX, GDXJ, and VOO. The fact […]<\/p>\n","protected":false},"author":1,"featured_media":7401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[194,163,206,143,30,48,199,103,104,230,97,28,198,9,156,154,16,180,264,207,201,7,262,205,197,17,46,8,127,142,190,263,150],"class_list":["post-7400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-aehr","tag-agag","tag-ai-datacenters","tag-antimony","tag-ccp","tag-copper","tag-crml","tag-crude-oil","tag-crypto","tag-cupr","tag-dsv","tag-etfs","tag-etm","tag-gold","tag-graphene","tag-hg","tag-hslv","tag-hymc","tag-msgs","tag-white-hydrogen","tag-nau","tag-oss","tag-pbr","tag-qimc","tag-rareearth","tag-silver","tag-sports","tag-technology","tag-trt","tag-uamy","tag-usar","tag-usas","tag-vau"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/7400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=7400"}],"version-history":[{"count":3,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/7400\/revisions"}],"predecessor-version":[{"id":7406,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/7400\/revisions\/7406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/7401"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=7400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=7400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=7400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}