Hummingbird Resources Share Discussion Threads

[gold panda] 28/3/2018 10:21

rick rule interview

hxxps://www.linkedin.com/pulse/losing-all-my-money-best-thing-ever-happened-me-andrew-thake/?published=t

MM: You’re a great believe in investing in great people. Are there any new ‘7-footer CEOs’ that have caught your eye?

RR: Amir Adnani (Uranium Energy Corp), Dan Betts (Hummingbird Resources) and Nolan Watson (Sandstorm Gold) are some of the great CEOs around. I also rate our London analyst Brock Salier – an overnight success who has been 20 years in the making.

[qs99] 26/3/2018 15:47

Gold Price firmly through $1,350....let's hope it can crack $1,400 soon, may help this and my other golders get some momentum!! DYOR

[westmoreland lad] 23/3/2018 12:37

Nice. Very nice !

Bid/Ask 1346.60 / 1347.60
Low/High 1337.20 / 1348.60
Change +18.00 +1.35%

[qs99] 22/3/2018 17:41

Thanks Croasdelfc, is there a new broker note coming out on the back of the site visit? Cheers

[zeberdie] 22/3/2018 17:39

52KG onsite pour.... IT WAS HEAVY :-)

[lasata] 22/3/2018 10:11

Interesting to hear what our expert analysts say about it...........better weather than here

Site visit underway at Yanfolila... tour of the plant & Komana East pit plus a briefing from VP Geologist Murray 👷🏼‍♂️
hum_gold#yanfolila #mining #gold #goldmining #cat #caterpillarusa #excavation #photooftheday #geology #geologyrocks #resources #powerplant

[edjge2] 22/3/2018 07:00

croas looks OK sentiment not, maybe bottom in

[croasdalelfc] 21/3/2018 09:42

Feedback from the site visit says they are still testing the plant - with high loads , medium loads etc etc.Full production and yearly target starts April 2018 to March 2019

[croasdalelfc] 21/3/2018 09:34

9200+ oz are forecast for March - everything is on target from a production point of view

[ukgeorge] 21/3/2018 09:12

higher lows since February a good indicator

if we had eggs we could have bacon and eggs if we had bacon that is

[fsawatcher] 21/3/2018 07:50

lower highs since dec high not good indicator

need a trend break like chicken and cheese

[fsawatcher] 21/3/2018 07:49

27p look bottom

if it go there it be bought like hand out of boilin water

[edjge2] 21/3/2018 07:07

Rumblings in the Gov though, like TNZ a beginning. 32p may not hold IMO. Nice prices coming?

[darola] 20/3/2018 16:43

Mali official has confirmed that released statements are inaccurate and out of context and intend to release a statement to put the record straight. This is direct from the boys on the ground in Mali, so any concerns caused because of this are misplaced.

[brucey6onus] 20/3/2018 16:24

Well if Hummingbird are quiet here's B2Gold Corp: ("B2Gold" or the "Company") would like to address certain erroneous media reports from Mali regarding the development of a new mining code.............. Statements attributed to a Government Minister at a recent joint news conference with the International Monetary Fund suggested that if compromises with mining companies are not achieved, amendments to the mining code may be unilaterally implemented. The full details of any proposed new mining code and the timing for its implementation are not known at this time. Government officials have advised the Company that the Minister's comments were taken out of context in such news report and should not be applied to all mining operations in Mali.

[chipperfrd] 20/3/2018 16:03

lasata,

I have set -5% drops as my threshold for new positions, so yes, I did open another this morning. My next would be at c. 30.59.

[lasata] 20/3/2018 15:46

Excuse the intended pun......."Golden" buying opportunity today which I hope all long term holders took advantage of

[charles clore] 20/3/2018 14:39

Chip - yes very good value to us especially if the share price rises as I think it will when we are solidly into production. Unfortunately some will sell as they see it as dilution.

[chipperfrd] 20/3/2018 14:34

There will be 6.197m shares issued on the 31st March in payment (to LPMDO) for their 5% profit share and 1% royalty. This was in an RNS on 13/6/17.

Actually looks to be good value to HUM over the LoM.

At today's share price and $/£ rate it works out at c. US$2.863m in shares.

Just the 1% royalty would have been worth c. US$10m over 7 years at predicted revenues.

Chip

[qs99] 20/3/2018 14:16

Why do they need to issue shares?

[fsawatcher] 20/3/2018 14:15

peep sayin on other board that lotta shares gonna be issued in few days

is that true or some one pullin the yarn from the sheep when coat still on 4 legs

[chipperfrd] 20/3/2018 13:56

CT,
They obviously need free cash flow in order to buy back shares!

Far too early for that to be the case as they are not even in commercial production yet.

For goodness sake, have patience, all in good time. Perhaps they might start buybacks in 12 months or so if the share price is still under-valued.
Chip

[darola] 20/3/2018 13:44

Iasata. Look up the last Dan Betts interview, he mentions it in there.

[lasata] 20/3/2018 13:28

CT........at what stage are the company suggesting buybacks are a possibility?

With commercial production of 10k per month due soon I would suggest this is not the time to be selling........ignore the noise and look at the fundamentals.

[casual47] 20/3/2018 13:28

Support at 32 has held for many months now. With news of commercial production on the way I can't see this being broken.

Imo the more likely explanation for recent weakness is:
1. General weakness across whole sector and
2. short term traders following 'buy on rumour, sell on news'. Perhaps some were banking on a quicker win and didn't feel like hanging around.

There is no reason for investors to bail out at this stage.