Hummingbird Resources Share Discussion Threads

[borderterrier1] 09/10/2018 14:35

footloose 2 "Was it over valued a year ago?" IMO yes. My gut feeling is that this was pumped up a year ago by the glowing reports from others/broker ratings etc. That's why the FBI stepped in.

[borderterrier1] 08/10/2018 16:44

Foot LOSE 2 We all invest in a company because we believe in it. No point in changing my opinion unless the Bod start running this to give us all better SH value. With all the good news in the last year, apart from the pog, it's not happening. Who would you blame that on?

[footloose2] 08/10/2018 16:09

I have to agree with you border, it is over sold, FACT.

new buyer

You are probably right, border is beyond changing his opinion.
I will leave him to it.

[borderterrier1] 08/10/2018 15:22

Gentlemen. The FACTS are that long before the drop in gold, despite all the "good news" this share price headed S. It's oversold. FACT.

[new_buyer] 08/10/2018 15:15

footloose2 you are wasting your time, whatever the agenda is blaming the BOD suits his and no amount of logic or facts will deter him. Like many you will eventually avoid this board and stick to the moderated one.

[footloose2] 08/10/2018 14:52

border

i see we have had another drop in the gold price. Must be the way the management are running the company, why don't they do something about it. lol

[footloose2] 08/10/2018 14:46

border

Or you could look at it that the management have taken the share price from 16p at the end of 2016 to 26p today.
But we can all chose where we want to look at the share price to suit are agenda.
You would be better off not investing in the stock market and put your money in the bank. You do know that shares go down as well as up.

I really think its you who needs to get a reality check.
Take your blinkers off and stop talking out of your ass.

[borderterrier1] 08/10/2018 13:46

foot LOSE 2 "The management have done a fantastic job over the last year." Really? In the last year the share price has gone from 40p to 24p, they have invested in a company here in the US that nobody else would touch and lost money. Fabulous job I don't think. Please take the blinkers off and get your head out of your a$$.

[sandeels] 08/10/2018 13:16

Hear, hear...please!

[footloose2] 08/10/2018 12:12

plasbryn

The management here have done a fantastic job over the last year.
Time is needed to show that promised forecasts live up to expectations.
You will get the usual posters after Q3 update ignore the facts and shout as loud as they can that production has is lower than Q2.

Debt is not a problem here, they will get it lower over time but not over night, and no div or buy back for a year or two.

[new_buyer] 08/10/2018 12:03

fair enough chipperfrd

[plasybryn] 08/10/2018 08:24

Last year I believe Dan did some great bullish interviews saying the Co would be trading on a minuscule multiple of projected FCF (1.26). I believe he quoted numbers pre debt repayments. I haven’t seen him follow up on those predictions and in fact the cost of sales were quite high giving us a small net profit
until the debt is cleared or gold goes up! Could the share price be a reflection of promise versus reality? Happy to be proved wrong? The AR & A predicted cash flow per share of 20p and I believe trading was suggested to be on 1.26 times projected free cash flow for the full year of production against an industry average of 15-25.

[footloose2] 08/10/2018 08:17

border

OK, you see things different to me and others.
Your 20% loss is due to gold price dropping,and commodity sector not being in favor nothing to do with management.
Your opinions are down to you being 20% down here.
But complaining about management will not help your investment.
Would you like to say what they could have done differently.

As for reading posts from others, i do read them, but i tend to ignore most, anyone that can continually complain about bunker hill without knowing the facts is not worth reading.

You say you thought the share price would head north on all the good news. well sometimes this news is priced in before you get it, which happened here by the look of things and the fall price of gold. As for the good news, well Q2 was in line with forecasts, Q3 looks like it will be also as forecast, you have wait and see if the mines produce as forecast before the value will be written into the share price

We are in the hands of the gold price here, so even with fabulous results if the gold price drops the share price will follow.

[borderterrier1] 08/10/2018 02:53

Divmad. You're an idiot.

[chipperfrd] 07/10/2018 20:23

Guys!

The whole point of starting this new BB for Hummingbird was to make a break with the trolls who had ruined the other one.

Can we therefore NOT discuss the trolls on this thread please.

If you want to engage them then clearly you should be on the other thread.

[footloose2] 07/10/2018 11:29

New buyer

i will give him a chance to point out his concerns, But i have looked back to the share price from 2 1/2 years ago and its difficult to see how he is 20% down.But he seems to be happy to sit and watch as it drops another 20% if he is right.
I have to say that you seem to get people like him on every BB.
You also get people that have been in a share for many years that have really shady characters running them, never ever going to make a penny, but they will defend them until they go bust.
I am sure he will make a great deal out of the Q3 numbers being lower than Q2,ignoring the fact that it is always going to be the worst quarter for rain affecting production.Maybe its the managements fault it rains so much that quarter.

[footloose2] 07/10/2018 07:54

border

Do you understand what these chat boards are used for?
They are used for people that have an opinion of that company good or bad.
Now i have invested here, do you think i am going to post negative,why would i invest if that is the case? Yes over time or on accusations you could find that you don't like the way the company is going. At that point you either stay with it or sell up.
If you are underwater and you come up for air you get out that water as fast as you can surly,you don't stay in that water and hope you don't go under again.If you stay in you are gambling, we have all done it and we have only our self to blame.

Now you seem to want to blame anyone on here that is invested and post positive for your greed and now losses.
But for the last few months you come on here and post negative comments, telling everyone that you have call this right from day one and we should listen to your advice. Are you not as guilty of trying to influence people not to buy as those that are happy with the way the company is being run.
I don't have a problem with anyone pointing out the negatives as i could have missed something.
But i look at where this company was a year ago, i see its in a much better place today. I look at the share price and see it cheaper to buy today than a year ago so i think its a good buy. The gold price has effected the share price here nothing else. if that is not the case i would be happy with you pointing out what the management has done wrong over the last twelve months.Have i missed something?. Would you like to point out why the think it will drop to 20p by end of year. The only reson i could see this happening is if the gold price plummets. But that is a risk you are taking with investing in any commodity investment.
Here is some advice i will give you, If you dislike the company as much as you say sell up, and if you believe what you post about where the price is heading you would have to be mad not to sell.
So sell up and do yourself a favor.
Then come back at the end of the year and tell us then that you were right or wrong as the case may be.

[divmad] 06/10/2018 20:11

Borderterrier, it seems to me that as someone who is down 20% through holding for 2 1/2 years in a generally strong equity market, that you are yourself the blinkered one who has listened to the wrong advice. No credibility with me, sir.

[footloose2] 06/10/2018 18:13

Border

Would you like to point out these problems you talk about?
The company is making good money.
I can see that you are just waiting for Q3 update to slag it off.

I take it you now live the other side of the pond?
If that is the case why the hell are you investing in Aim and not the best regulated market in the world the mind boggles with your thinking and actions.

[borderterrier1] 06/10/2018 14:52

footloose2 I've had the balls for a long time and they have always served me well with investments in the past. One thing you fail to understand is that I have said (as others have) that there are problems here and for "investors" like you, its a waste of time listening to me now, the damage is done. It could have and should have been avoided. But I'm a lucky guy, I don't need the money here for a few more years, if ever, so I will weather the storm. The point I was making was that other investors who may be less fortunate have been sucked in with all the hyperbole/bullwhip here as a direct result of posters/broker predictions from others. All of it has been wrong. "Savvy investors" with blinkered attitudes like new_buyer will continue to promote this regardless of the obvious continuing problems/decisions made by the Bod.

[new_buyer] 06/10/2018 12:34

Footloose2 you haven’t taken long to work out what a lot of us others worked out a long time ago!!