Hummingbird Resources Share Discussion Threads

[borderterrier1] 04/2/2019 19:34

new-buyer I'm still holding. Don't you lose when you sell?

[new_buyer] 04/2/2019 17:17

borderterrier you gambled and lost, I invested and am happy to wait.....there's the difference

[fsjamescampbell] 04/2/2019 16:44

BT - You really are clueless!

"new_buyer and Fsj. This share price is back to where it was in May 2015 now. Do you think this is because:-
1. It is a fabulous company, great management, Ceo and running like a well oiled machine, OR
2. It is a complete dog"

Sadly BT this just shows you are totally and utterly inept, especially investing in stocks and shares!

In May 2015 HUM share price appeared to be in the range of 30 - 35p, at that time they had around 95 million shares in issue which valued the company at around £30 - £31 million.

The total amount of shares to date stands around the 350 million mark giving a MCAP of around £84 million with a share price of 24p!

The company has raised over the critical years to explore, develop, procure, build and now run a gold mine and processing plant. The true value in reality is probably around the £130 million mark which would give an share price of 37p (some would seriously argue this share price as being valid given the value of HUM assets in both Liberia and Mali). However, as we all know sometimes MCAP of companies can be off on a tangent both high and low, many firmly believe that HUM value should be well above the £100m mark and given the above asset assessment this would be fair!

So BT, regardless of sp, the value of the company is higher in today's market than it was in 2015, the MCAP is higher but the more shares in issue today bring the current diluted value down to 24p

Next.....................

[borderterrier1] 04/2/2019 16:30

new_buyer Short term gamble? You are joking, right? I made a mistake, like a lot of others.

[new_buyer] 04/2/2019 16:11

And still you hold despite you saying "plenty more "golden opportunities" like this out there". Did you make a mistake or did you make a short term gamble? You are more of a gambler than an investor I would suggest.

[replicas1967] 04/2/2019 13:48

BT is a mongrel, cant teach him anything

[new_buyer] 04/2/2019 13:42

The troll is out of his pit!!

[borderterrier1] 04/2/2019 13:21

new_buyer and Fsj. This share price is back to where it was in May 2015 now. Do you think this is because:-
1. It is a fabulous company, great management, Ceo and running like a well oiled machine, OR
2. It is a complete dog.

Answers on a postcard please.

[fsjamescampbell] 04/2/2019 08:23

Ha ha you called it right new_buyer......you did say that BT would comment shortly after! The guy is a serial troll - holds no shares, lies daily and never offers any value.....even his deramping posts lack any quality - the guy is a waste of breath and its time they pulled the plug at the home.....put the yapping mutt out of its misery!

[new_buyer] 04/2/2019 08:18

Borderterrier do you have my posts on alerts? It was an experiment for me to post any old sh*t on here (nothing new) and see how long it was before the board troll came out from under his bridge to respond, and like the good troll you did!!

[borderterrier1] 04/2/2019 00:52

new_buyer Really? I guess by interesting you mean the share price will be on a downward trend again with all the "good news"? ie. back where we started 3 years ago?

[new_buyer] 03/2/2019 23:00

Could be an interesting week this week, fingers crossed!!

[borderterrier1] 01/2/2019 13:06

dingo75. That should be schoolboys who don't give a toss.

[dingo75] 01/2/2019 06:46

Perhaps the company needs mining professionals. not school boys.

[borderterrier1] 31/1/2019 13:48

Strider4 AKA Reverse Alchemy AKA Border Terrier AKA anybody else who dares to put anything negative about Hum on here. So, on a positive note, pog is moving N. Hallelujah! But doesn't a mining co. need to be efficient enough to get it out of the ground before we celebrate? Despite the "glowing RNS" it looks as though there will be another long wait. The share holders will need to limp along yet again, praying for a glimmer of hope, with a stagnant share price for another year or two, perhaps three? BTW how much do you think Fsj gets paid?

[new_buyer] 31/1/2019 09:15

Gold price will make a significant difference. I've also got some FRES and they are climbing nicely with the gold and silver prices increasing but HUM's biggest challenge, in my opinion, is just to get through this year and at least make the numbers they have published, increase LOM and would also be good to see something (sensible) on Dugbe too.

[avsome1968] 30/1/2019 23:40

New Buyer if we can get a solid Q1 in with no mess ups we can still get a 1 bagger here got Q1 drilling results to come, should have better grade stock piles, 125000 oz think they will pull out all stops to beat this production figures, Mill raft due Q3 so hopefully online fully functional to up our target.
Gold could be pushing $1400plus end of year so its down to the management they seem to get projects done on time so fingers crossed better weather conditions might see fruit full end to the year.
HOLD ADD ON DIPS.

[borderterrier1] 30/1/2019 13:36

New_buyer. Markets don't play fair? I wonder why? Such a rosy RNS in some investors eyes, but the share price responds by going down. Its called logic and lack of confidence in the management.

[new_buyer] 30/1/2019 08:35

I'm not sure debt could have gone down with the problems that were made public. If debt had increased without any problems now that would have been a problem for me. As avsome1968 says we need a strong 6 months ticking of the production and AISC targets and if the LOM is increased in the meantime we should see some upside on this SP, should as we know the markets don't always play fair!

[rickyhatton] 30/1/2019 08:13

Excellent update from hum. Recovery from Q4 fully on track.

Highly profitable at $1300 gold prices

"Guidance
2019 production guidance of 110,000-125,000 oz of gold is reiterated. Previously a 'target' was given for the AISC of US$800/oz for 2019. The overall budget of the remediation work remains the same but more of the costs are falling in Q1 2019 than anticipated with the Q4 AISC being lower than forecast ($1,677/oz vs a forecast of US$1,800/oz). This has led the Company to update its 'target' with a full AISC guidance for the year of US$800-850/oz"

"Good start to operations in 2019 with production in January on track to produce circa 10,000 oz"

Next news is this

"Over the course of Q1 we look forward to receiving the remaining drilling results from the 2018 exploration campaign and working with the team to understand how to release the expected potential of these results in our Life of Mine planning."

[rickyhatton] 30/1/2019 08:06

Excellent update from hum. Recovery from Q4 fully on track.

Highly profitable at $1300 gold prices

"Guidance
2019 production guidance of 110,000-125,000 oz of gold is reiterated. Previously a 'target' was given for the AISC of US$800/oz for 2019. The overall budget of the remediation work remains the same but more of the costs are falling in Q1 2019 than anticipated with the Q4 AISC being lower than forecast ($1,677/oz vs a forecast of US$1,800/oz). This has led the Company to update its 'target' with a full AISC guidance for the year of US$800-850/oz"

"Good start to operations in 2019 with production in January on track to produce circa 10,000 oz"

Next news is this

"Over the course of Q1 we look forward to receiving the remaining drilling results from the 2018 exploration campaign and working with the team to understand how to release the expected potential of these results in our Life of Mine planning."

[avsome1968] 30/1/2019 08:01

Will be holding of from buying more they need a strong 6 months production with no more f-uck ups and gold to keep climbing don't like the dept they have let's hope they hit all there targets this year. HOLD from me

[shortarm] 30/1/2019 07:47

Excellent post. Been quite some time since I've seen such a quality analysis - honest :-)