Hummingbird Resources Share Discussion Threads

[edjge2] 02/7/2018 12:21

UKG just noticed this ticking up, relieved really as added a few below 33.
may have to wait longer for CNR 25% down on politics good resouirce.

[ukgeorge] 02/7/2018 11:12

Come on Hum break the down trend!!!!!

[ukgeorge] 02/7/2018 10:03

Yes agree rileyma that is very interesting. It is a decent sized asset with 4 Moz a plant that could do 200koz would be more sensible. Also some interesting bits on no duty on fuel which will improve the economics no end. I don't think Dugbe currently adds anything to the share price so if this can be monterised that would be great a JV or similar.

[rileyma] 02/7/2018 09:51

Interesting to note:

HUM are in advanced JV negotiations with a "well-financed" partner for Dugbe. 

[zhockey] 02/7/2018 09:48

A bit unambiguous IMO, they should be doing an additional 50k at least of real exploration drilling. That is where the real growth would come from.

[casual47] 02/7/2018 09:39

HUM is one of their clients so take it with same pinch of salt as house broker targets.

But good update nevertheless.

[ukgeorge] 02/7/2018 09:37

hxxp://www.alignresearch.co.uk/cpt-company/hummingbird-resources/

[rileyma] 02/7/2018 09:32

Clear concise drilling update 👌
Align broker note link posted on lse

[charles clore] 02/7/2018 09:08

Knowing HUM the results won't disappoint.

[darola] 02/7/2018 09:04

Good opportunity for steady positive news flow as the results of each section are released.

[charles clore] 02/7/2018 08:53

That's a humdinger of a drilling programme!

[ukgeorge] 01/7/2018 17:21

I wonder what date we will get q2 results....

[peterpowell21] 30/6/2018 10:47

So bloody cheap these shares.

[rrr] 27/6/2018 09:51

Great comments on the Liberian Observer article, well done.

[ukgeorge] 27/6/2018 09:37

At the current share price I think buy backs are a good idea. GFM Griffin mining have been doing this and done very well. Although they need imo to maintain a decent wedge of cash and I would also like debt to be cut even if this incurs penalties.

[roguetreader] 27/6/2018 09:29

Jim
Thanks for the AGM review link. All pretty positive, although personally I'm not a huge fan of share buybacks.
RT

[bittorrent] 27/6/2018 08:55

Nice one gold panda, if you read that article without knowing about Yanfolila you would believe all the rubbish written!

[gold panda] 27/6/2018 08:39

The Daily Observes in Liberia is just begging for a lawsuit from Hummingbird

Did Liberia Award Its Gold Mine Field to A Bankrupt Company?
hxxps://www.liberianobserver.com/opinion/commentaries/did-liberia-award-its-gold-mine-field-to-a-bankrupt-company/

just wrote an angry comment below the article

[rrr] 26/6/2018 20:49

Thanks from me too Jim.

[simoore89] 26/6/2018 20:37

Thanks for sharing

[jimbowen30] 26/6/2018 20:17

AGM report from the LSE board:

[redtrend] 26/6/2018 10:41

I'm not quite sure what you mean by the strip is already out the way, in reference to stripping ratio over the life of mine?

With HUM gold close to surface there isn't a huge amount of "pre-stripping", but is this what you're referring to - the preparation of the areas? Thereafter with an assumed average 3g/t throughout the Life of Mine, why would the stripping ratio change all that much?

We will always have a large fuel input due to high stripping ratio

[zeberdie] 26/6/2018 10:07

AISC drops as time goes on as the strip is already out of the way.