Hummingbird Resources Share Discussion Threads

[new_buyer] 14/11/2018 17:44

A bit left field Borderterrier or are you aiming to make a quip about going downhill quickly?

[borderterrier1] 14/11/2018 16:09

Fsj. Ask your blue eyed boy if he goes skiing.

[borderterrier1] 14/11/2018 12:58

UKGeorge. Exactly! There are those that "know" where this share price is going, just like they did over a year ago with the high of 39.5 and the subsequent, "unexplained" drop on all the "good news". But the SHs here are mere mushrooms, pawns in the game. And unfortunately, with this Ceo and Bod it will continue.

[ukgeorge] 14/11/2018 09:24

Frank, there is one fact that matters and that is the share price.

After that is free cash flow. The stated AISC are not worth the paper they are written on. Also don't forget the 1p options. Still an 18 bagger for some....

[borderterrier1] 13/11/2018 21:51

Fsj. Ha Ha Ha Ha, have a good laugh, I'm glad you think it's funny but there are many that don't feel like laughing now. NOBODY believes anything on your list! Why would we? Just so the share price can keep going S? "Oh, yeah, this looks like a great company to invest in, run by experienced management and with a Ceo that's doing a Great Houdini impression?" FACTS from the Hum RNS? Facts???? Yeah, right, don't make me laugh! And I'm a priceless moron? Wake up Frank. You are being conned, we all are.

[fsjamescampbell] 13/11/2018 21:28

He is off to have his colostomy bag changed......the stupid blind old pee soaked moron........new_buyer the guy is a halfwit he doesn't believe anything in that list I posted.....what a complete mogwai (do not feed after midnight....ffs)! All the FACTS on the list are from HUMs rns over the last 6 months yet the worst author in history doesn't believe them.......ha ha ha....priceless moron!

[new_buyer] 13/11/2018 20:28

What facts have I posted Terry?

[new_buyer] 13/11/2018 16:23

Terry I take it as a post on a message board by someone, no more no less!!

[ukgeorge] 13/11/2018 15:41

BNKR hill is up 20% back to C$.12 today. So only needs to quadruple !!

Maybe HUM are going to double up on their gamble.

[borderterrier1] 13/11/2018 15:41

New_Buyer And your expert opinion please of the post by RT 49 on the LSE bb that the Ceo quote:-

"could be under investigation for fraud?"

[new_buyer] 13/11/2018 15:00

borderterrier, far be it for me to correct the english of a multiple best selling author but I think for no 1. above you mean "Where's they put the cash, innit?". You are welcome.

[borderterrier1] 13/11/2018 14:44

FSAwatcher. Everything you say is correct. According to Fsj's list this is a good thing to invest in but just to confirm your main points (and not Fsj's rambling list of utter garbage):-

1. Where's they put the cash? Answer :- nobody knows

2. Where's the Ceo gone? Answer :- nobody knows

3. Futures plans? Answer :- nobody knows

4. Communication/updates? Answer :- nobody knows

5. A post on the LSE bb this morning from Rt49 suggests that the Ceo;- "Could be under investigation for fraud". Answer :- nobody knows

The answers to the above questions should be enough to deter you from investing a penny in this toxic company. Put your money under the mattress. It's a lot safer.

[casual47] 13/11/2018 13:48

The HUM convertible loan was convertible at CAD$0.45.

The placing happened at C$0.075 with warrants at C$0.10

This in itself kinda illustrates the loss in value.

So I guess they won't be looking to convert their loans any time soon.

Might be a while before they get their loan repaid.

[ukgeorge] 13/11/2018 13:34

BUNKER HILL REPORTS REINSTATEMENT OF LEASE FOR THE BUNKER HILL MINE,
PRIVATE PLACEMENT
AND NEW BOARD MEMBER

TORONTO, ON, November 13, 2018 – Bunker Hill Mining Corporation (the “Company”; or “Bunker”) (CSE:BNKR) is pleased it has reached an agreement providing for reinstatement of its lease on the Bunker Hill Mine. The lease has been reinstated and became effective again on November 6, 2018.
Mr. John Ryan, Interim CEO of the Company commented, “We are very pleased to have worked out an agreement with the mine owner, Placer Mining Corp., to enable us to continue our effort to ultimately reopen the mine and make it a productive asset. I believe the discussions we have had over the last several weeks have unified our common goal to continue to advance the project toward production. We are excited to get going on our work plan for the upcoming months and to get items accomplished on budget and on time. We will be providing timely updates to the marketplace on our progress.”

Reinstatment of Lease Agreement
Pursuant to the reinstatement, the Company achieved a substantial reduction of its monthly lease payments spanning the next twelve months. In addition, if the Company achieves certain agreed goals on its work program at the mine, the payment concessions can be extended an additional six months.
The monthly payments will be $60,000 per month for the next twelve months, a reduction of 70% from the previous amount of $200,000. It has been agreed that the reduction in payments will be made up for by adding the accumulated reduction to the purchase price of the mine should the Company choose to exercise its purchase option.
The Company is also in discussions with the United States EPA on concessions with respect to the Company’s payment obligations owed to the EPA. In general, those discussions to date have been highly positive. The Company intends to submit a written proposal to the EPA by the end of this week, and will report further progress on these discussions as they occur.

Financing
Given the urgent urgent need to secure financing to meet the new lease obligations, Bunker’s Board has approved an equity private placement for up to C$300,000 consisting of up to 4,000,000 units to be sold at C$0.075 per Unit with Unit consisting of one common share and one common share purchase warrant. Each whole warrant is exercisable to acquire one common share at a price of C$0.10 for a period of two years. The private placement is subject to regulatory approval.

Management update
Mr. Howard Crosby announced his resignation from the Board and as an Officer of the Company. The Company wishes to thank Mr. Crosby for his contributions to the Company since the Fall of 2016. Mr. Crosby reported in his resignation letter that his departure was for personal reasons and was not the result of any disagreement with the Company, or on any matter relating to the Company’s operations.

The Company would also like to announce the appointment of John Liu as a director. John Liu has over 25-years experience in private equity investment, consulting and business management. He is a partner at Valuestone Advisors Limited. John has a wide range of private equity investment experience across multiple sectors, including mining. He was previously an advisor to Jiangxi Copper Corp., the largest integrated copper company in China, focused on its global development strategy and overseas M&A projects. Prior to that, he held positions in renowned private fund managers: Greenwoods Private Equity Funds, Mousse Partners, Actis and Merrill Lynch Direct Investment Group. He was a member of the board of a number of portfolio companies. John received an MBA from the University of British Columbia in Canada, and a B.Sc. in computer science and engineering from Shanghai Jiaotong University in China.

We warmly welcome John to the board and look forward to working with him.


For additional information contact:

John Ryan, Interim Chief Executive Officer Marketing & Communications
[phone] [phone] ext. 205
[e-mail]



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[fsjamescampbell] 13/11/2018 12:53

FSAwatcher..................come "innit" really!! Who not only talks like that but then actually types like that!

In a nutshell HUM story so far....

1. Built mine on time and on budget of $89m
2. Poured first gold bar in December 2017
3. Went in to "ramp up phase" January 1st to March 31st 2018 (this is not classed as production phase as they had to bring the plant up to speed.
4. Commercial production began 1st April 2018 which means they have been producing 7 months and 2 weeks now and produced, to the end of Sept 2018 approx 74000 ounces of gold.
5. AISC during Q2 (April - end of June 2018) was $790 / oz
6. AISC during Q3 (July - end of Sept 2018) was around $1000 / oz
7. AISC was higher during Q3 because production was reduced to around 22500oz (less oz same process = higher costs to produce).
8. Recent update outlined that the rains this year have been the worst in 20 years, as a result production was lower, this was further compounded by a weakened bridge to access the site (36km) away and upon a routine pit inspection the assessor noticed a structural issue on the pit wall.

[fsawatcher] 13/11/2018 08:21

i jus red a hum pres and it say they throw off $75m profit in first year innit

i woz gonna buy some of these but i look at finanshalls and it say they made nuffin

anyone s nows wheres they put the cash

it been producin for a years nows and the cash pile drop by $40m innit but debt only drop by $5m

i fink all in cost gonna be over 1000 coz 690 woz a bit rongin wudnt it

anyone know where ceo has gone he be awol innit

[new_buyer] 13/11/2018 08:13

Oh borderterrier you wish! I envy no one, I am more than happy with my lot, I have no desperation to be acknowledged like your self, and as a very wise person once told me those that have don't talk about it and those that don't have embellish!!

[borderterrier1] 12/11/2018 23:30

new_buyer I think the word is envy?

[new_buyer] 12/11/2018 23:10

I pity you.