Hummingbird Resources Share Discussion Threads

[lasata] 16/1/2018 12:16

The combination of the "on the ground production" ramping up with a technical position on the share price chart (40p breaks then 60p comes into view) is beginning to make HUM look quite enticing. It looks like the management will deliver as outlined and a share price rerating will take place accordingly.

[darola] 16/1/2018 12:08

Why are you assuming the picture is all they have produced? And not believing what they have written in black and white? Which supports Cd's conservative view?

[ukgeorge] 16/1/2018 11:39

I reckon they have produced about 40-50 kg from the photos shown on twitter.

so around 1,500 oz, which is imo actually still a very respectable amount.

Don't get me wrong "I would love it" to be much higher.

Hopefully we will get monthly updates as to how they are progressing and commercial production in March

[croasdalelfc] 16/1/2018 09:59

Bitcoin under pressure , gold on the rise

[lasata] 16/1/2018 09:53

You cannot fault the management thus far...........they deliver what they say they will. That counts for a lot in this business

[charles clore] 16/1/2018 09:28

Its always nice to be surprised to the upside. The fact that they are shipping dore is a huge milestone imho.

[croasdalelfc] 16/1/2018 09:11

https://twitter.com/hum_gold/status/953161847552794624

[croasdalelfc] 16/1/2018 08:04

Hi George is isnt production capacity approx 11,000 oz a month?11,000. X 0.65 /2 = 3500 oz for Dec and I've rounded down to 3000

[ukgeorge] 16/1/2018 07:40

You are massively optimistic.

[croasdalelfc] 16/1/2018 07:28

I make it about 3000 oz in Dec and 4000 in Jan with average gold at 1300

[ukgeorge] 16/1/2018 07:21

Q4 update"Ramp up to commercial production remains on plan- Plant throughput at 65% capacity during last two weeks of December- Plant throughput reached 75% capacity in January 2018"Pretty good news

[zeberdie] 15/1/2018 17:19

double decker :))

[qs99] 15/1/2018 17:17

hehe indeed. Also would be nice to get some views on increased POG and unhedged HUM's EBITDA / Cash flow as it continues to deliver these bricks!! DYOR

[wilmot] 15/1/2018 17:09

It would be useful to have another object in the photo to give some sort of perspective of the size of the bar. eg a small car, large car, lorry or bus depending on actual size.

[someuwin] 15/1/2018 13:54

HummingbirdResources‏ @HUM_gold · 2 hours ago

It's almost impossible to believe it's #BlueMonday when your mine has produced the best looking gold bar in #Mali!
#gold #mining #producing #mine #Yanfolila

[qs99] 15/1/2018 13:28

Once they are gone, hopefully market will wake up to discount to NPV here IMO with POG motoring ahead and low cost producer...needs to win its spurs I suppose on production and firming up resources, but DYOR with gold nearly up 1% again today, it should be chucking off decent cash flow IMO!

[ukgeorge] 15/1/2018 12:15

What a beautiful gold bar !!!!!!

[charles clore] 15/1/2018 12:12

So Pageant still selling then? I thought they would have finished or come to their senses by now.

[napoleon 14th] 15/1/2018 11:51

Comments/insight on HUM in para 2

hxxp://www.thesharehub.com/2018/01/15/sharehub-hotlist-2018-week-2-review/

[ukgeorge] 15/1/2018 09:34

Need a close above 40p for the breakout imo

[wilmot] 15/1/2018 09:21

Overhang gone? Breakout?

[ukgeorge] 15/1/2018 09:20

38.8p to buy

[wassapper] 15/1/2018 09:15

very limited amount of stock to buy.

[ukgeorge] 15/1/2018 09:09

Very quiet given HUM is back to 38.5p :)

[croasdalelfc] 15/1/2018 07:54

Average gold since 19th is 1300 with gold up to 1342