"If Marigold can fetch "at least $200M", Hycroft should be worth about 8x more at $1.6 billion. Subtracting the $500M debt on Allied Nevada's balance sheet, a $1.1 billion valuation would give shares a value of ~$10.58. This isn't a perfect comparison, as accessing most of Allied Nevada's resources requires a large capital commitment in the construction of a mill (~$400M-$500M). The company's enormous resource base and depressed valuation still makes it a compelling buy though."
up 1.5-2% everyday, shorts are chasing this to new highs
i have a feeling inside info is leaking and announcement is coming with 10-15 point jump soon.
next year will be a lot of fun
25 - 20 - 17
noway nohow this will see 40
after 17 its sideways and then back to 2s in 12 months
fun yet to begin soon