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“$HYMC - People have been missing one of the easiest trades of all time with Hycroft Mining, one of the largest silver mines in the United States. Hycroft is backed by Eric Sprott. Eric is a Canadian Billionaire and one of the biggest names in precious metal investing. Last October he predicted that $HYMC would do 200x or more based on $200 silver prices, $HYMC was $7 at the time. Since that prediction, he has purchased nearly 20M shares on the open market. His $HYMC position is now worth $1.7B+ and he controls ~44% of the company. He's continued buying nonstop with buys even eclipsing $50+ per share. It seems pretty obvious he will continue to buy until he controls the majority of the company with 50%+. In order to get there he would need to purchase ~4.6M more shares, which is nearly $215M USD... (cred. @catfoodcannon) Now for the piece of the trade I haven't seen discussed very often... The float is disappearing in real time. 1. According to Fintel, 43.6M shares (52.62%)are currently held by insiders. 2. Another 24.6M shares (29.62%) are held by institutions. Thats 82% of the entire company held by insiders or institutions, which are essentially locked up. If Sprott were to buy another 6% of supply from the market, 88% of the float would essentially be out of circulation. Don't believe me? Here is a slide from the Hycroft Mining Q1 2026 Investors Presentation - (Source - https://t.co/tPjiLGFxDN) On top of that $HYMC has been added to multiple Silver ETFs which have seen ballooning AUMs such as $SIL / $SILJ which hold millions of shares. As the AUM of these ETFs continue to grow so will their holdings of $HYMC, reducing the float even further. Currently 5M+ shares are sitting in ETFs... (ETFs - https://t.co/rYR7lt5wQB) Randomly $AMC movie theaters also invested into $HYMC multiple years ago. The WSB crowd aped $HYMC for that reason and have been diamond handing their investments. The other angle of this is that Eric openly promoted the trade at $5-7 per share. It created a bunch of longterm holders that are massively in the money. Between insiders, institutions, ETFs, and longterm retail holders the actual float is extremely tiny. I'd assume 5-10% of total shares... and Sprott likely plans to buy 6% more. Heres where it gets fun, Hycroft got massively shorted when silver dropped from highs. Mainly shorts used it as a silver beta due to it's percentage gains over the past year. 8M+ shares are currently short $HYMC as it continues to squeeze higher. Eric Sprott can continue buying at a rapid pace and completely trap these shorts by reducing the float. Hycrofts own presentation estimates there are only 16M shares unlocked to be traded. Eric Sprott is likely to buy another 5.4M shares.... Erics extremely smart he will continue buying up the float to squeeze these shorts which balloons his investment already worth $1.7B+. Where is the liquidity going to come from for these shorts to close their position? I have no idea, I'm sure it will be very expensive though. $HYMC to $100+ feels inevitable, only a matter of time. 📈📈📈”