Hummingbird Resources Share Discussion Threads

[croasdalelfc] 09/1/2018 22:39

It looks like Pageant went over 5% in early Nov and are now back to 3.5% probably at break even

[zhockey] 09/1/2018 19:41

Charles you cannot compare a new single mine producer with peers on high PEs. HUM do not have 10 years of reserves at present so how can you predict a PE of 10+ This could double in time but they need to do a lot of drilling to prove up reserves.

[charles clore] 09/1/2018 19:24

I wish zh would listen to chip about p/e

[ukgeorge] 09/1/2018 17:35

I wish Centamin would make a cheeky bid for these.

[zhockey] 09/1/2018 17:00

I imagine they sold because they think a pe of 6 is fair value.

[lasata] 09/1/2018 16:55

Thought Pageant had crossed 4% to the upside..........what % did they hold before?

[charles clore] 09/1/2018 15:32

Perhaps they want to show a profit for year end. Then buy back for 2018, sounds quite crazy but that is how it works I believe.

[divmad] 09/1/2018 15:26

Why are they selling at this switch point in Hum's life cycle?

[croasdalelfc] 09/1/2018 14:53

That TR1 might explain the recent selling pressure - 4 million sold by Pageant

[croasdalelfc] 08/1/2018 23:22

Two 1000000 trades late on , one buy and one sell?

[darola] 08/1/2018 15:17

risa 5. Yes $60m. On 4 year terms at 9%. As of end of December we still had $40m in the bank and we are now in to positive cash flow so hopefully that will dip initially to meet end of year bonus, milestone payments etc, but then start to build.

[lasata] 08/1/2018 13:49

Wonder when the stock overhang will be cleared here..........higher volumes than normal recently

[risa5] 08/1/2018 04:26

Was trying to find the debt here is it about 60 ? TIA

[roguetreader] 07/1/2018 22:55

Cheers Charles will check them out also

[charles clore] 07/1/2018 19:39

rogue - here's a couple of other sources that you might find interesting from further back on the thread. Daily Mail - Http://www.dailymail.co.uk/money/investing/article-5139621/MIDAS-SHARE-TIPS-UPDATE-Gold-producer-aims-coin-in.html sjamescampbell 31 Oct '17 - 13:45 - 2027 of 2423 Good afternnoon all, i dont usually post on here as i tend to use LSE mainly. Below is a link to a report that i compiled from a recent visit to HUM HQ to meet Dan Betts & Bert Monro, 2 colleagues and myself had a good hour or so with them. The report covers the basics and more recent info with some finer detail thrown in. Https://drive.google.com/file/d/0B8Nv8XjhCawwWkFEVGJoQ2RVZzQ/view?ths=true

[roguetreader] 07/1/2018 18:20

Thanks Charles will take a look

[charles clore] 07/1/2018 12:47

rogue - I don't know whether you've seen this outline. Quite informative and up to date. Http://www.pr0activeinvestors.co.uk/companies/news/189250/on-time-and-on-budget-hummingbird-resources-delivers-gold-pour-production-gets-into-full-swing-in-2018-189250.html (you have to change the 0 for an 'o' in the proactive bit)

[roguetreader] 07/1/2018 11:15

Charles Yes and No, I was trying to find it on the 'News' listings but couldn't, hence my query. I'm just starting to look at HUM as a potential investment and tend to trawl through the old news items / presentations as part of my research to get an initial feel for a company. I couldn't see this presentation on the official listings so was curious as to when or if it had been issued officially and whether I was just looking in the wrong place. I thought the info re conversion rates was interesting as I haven't seen those elsewhere, but my research is a ways from complete on HUM so I may have missed more recent information on them. Cheers RT

[charles clore] 07/1/2018 10:47

rogue - did you realise that presentation is 2 years old?

[roguetreader] 07/1/2018 10:37

I can't see this presentation listed on the website, be interested to know if anyone has previously viewed it. I found it quite interesting. HTTP://hummingbirdresources.co.uk/_downloads/20170310_Exploration_Upside.pdf RT

[qs99] 05/1/2018 16:15

Hope a few of the HUMers also topped into SHG....moving ahead very nicely at the moment IMO...DYOR but as a long term HUm and SHG holder (and more recently topped up on both) with gold price still holding up well, they both should continue to provide rewards IMO...

[croasdalelfc] 05/1/2018 15:25

More big sells being absorbed . Hopefully seller is cleared out soon and new iis o board

[charles clore] 05/1/2018 10:40

Considering HUM has always delivered why would you think they may not reach full production? Fully funded with all new mining equipment plus $40m in the bank and looking to provide a processing service for Artisan miners. These guys don't mess around. Get em now and get em cheap George.

[ukgeorge] 05/1/2018 10:21

I will happily pay 50p when we are in commercial production