Hummingbird Resources Share Discussion Threads

[ukgeorge] 20/3/2019 09:46

Positives
Reserve upgrade
Getting back to steady state production
Longer term possibly paying debt down

Negatives
A year and a half of production and debt has risen
The 1p options
History of gambling problems
News has been withheld from general public

Overall
A gamble.

[borderterrier1] 20/3/2019 09:06

Fsj. Even more garbage. Please get your eyes tested and read my last sentence again in the previous post, s-l-o-w-l-y this time. Everybody knows this is a dog, except you and Golden Idiot of course. BTW, how much do they pay you?

[borderterrier1] 19/3/2019 10:15

Fsj. More unadulterated garbage from you quote:- "3 to 5 years?" I have been here for almost 3 now and due to then pathetic actions of the "management" who obviously couldn't organize a PU in a brewery, there has been abysmal share price movement over that time. Quote:- "The institutes know a good investment when they see it". Seriously? The share price is going DOWN. That is the opposite of UP. Please adjust your medication or go and see a reliable optician. You really believe that an intelligent investor would hold this for 3-5 years? What a delusional moron you are! My only regret is investing here in the first place but as I have repeatedly told you, I will hold now because I don't need the money I have invested here at the moment.

[ukgeorge] 19/3/2019 09:29

Frank, $10M free cash flow, then take off debt servicing cost, then take off head office costs which are conveniently omitted from stated AISC, then take of Liberia costs, then take of capital expenditure costs for the new mill.

Maybe just maybe the company is positive cash flow but it is by no means a given like you imply.

[borderterrier1] 18/3/2019 10:17

Plasybryn Some "investors" never learn do they? Good news always results in a negative response with the share price here. The City knows something is wrong with this. Pathetic company.

[borderterrier1] 16/3/2019 15:16

Visitor. Your comment on the LSE bb suggested that "Hum was un-hedged" I guess that was a typo and you meant "un-hinged?". I agree 100%. And Fsj. I have no idea what medication you have been taking for the last two years but you may need to do us all a favor and ask your doctor for a second opinion. The performance of this compared to other miners over the last year (-35%) has been worse than abysmal. Get rid of the "management team" and Ceo.

[lurker5] 16/3/2019 14:40

"I know why I invested here and the fundamentals are even stronger today than they were last year."
Dear oh Dear. This deluded chap didn't understand the fundamentals last year when pointed out to him (My post end Feb)He can't understand why they've deteriorated even more since then. Some self-appointed experts never learn. I'll come back next year and see whether he has.

[new_buyer] 15/3/2019 19:34

Timber indeed.....

[ukgeorge] 14/3/2019 16:05

timber......

[borderterrier1] 14/3/2019 15:48

Too many blinkered idiots on here. The market responds accordingly.

[john3v16] 13/3/2019 17:02

Holding quite steady at the moment with POG holding its own

[ukgeorge] 13/3/2019 16:39

NB I'm not shorting them. Although I probably should be as I think they will fall when the results are released.

[new_buyer] 13/3/2019 16:31

Not disputing the shorting comment UKG?

[ukgeorge] 13/3/2019 16:12

Frank what do you think about the 1p options?

I think most PI's patience has run out. Hence why this board is so quiet. Maybe it is an opportunity but they have an awful lot to prove before the mkt is going to remotely trust a word that they say.

[fsjamescampbell] 13/3/2019 15:00

Because UKG is shorting it.....he wants to plant the seeds of doubt.....little does he know that the free float is being mopped up weekly by very sticky hands, when the demand for stock increases the share price will re-rate accordingly. The rise from the late teens to 24p has been healthy for those fortunate to buy in after the Q3 drop and are now sat on a healthy cushion, there are those who are averaging in the 30's who are likely to be hurting of course but this stock is all about patience, strong track record with regard to the elements of the business that HUM control, maybe the odd wayward investing decision last year with BH but we will never know what the real potential was that interested HUM to that deal, so be it. HUM are a company becoming more and more skilled and competent in their operation as the days, weeks and months go by.

I know why i invested here and the fundamentals are even stronger today than they were last year. If you aren't prepared to be patient and are happy to sell at a loss then bye bye...........hold for gold or be part of the weak brigade and make sure the door doesn't hit you on the way out as you sell at a loss.......

[new_buyer] 13/3/2019 14:06

UkGeorge what makes you think this is about to drop off a cliff?

[borderterrier1] 13/3/2019 12:20

UKGeorge. They don't. I'm sure company mouthpiece Fsj will be along shortly to inform us all that this is still a good thing. Don't want to kill the goose that lays the golden eggs for you do you Fsj?

[ukgeorge] 13/3/2019 10:10

Does look as though it is about to fall off a cliff. My guess is 20p after results are released, if that doesn't hold back to 16p. Still a multibagger on those 1p options, so why would management give a toss........

[borderterrier1] 13/3/2019 09:32

Fsj. Tick tock, tick tock, no change, no change. Hum share price prediction for 2020..15p if we're lucky. And the concerning part is the "company" will still be run by incompetents. About time the ii's stepped in to remove this shower.

[new_buyer] 11/3/2019 09:24

I agree that I would prefer that too, options maybe around 20p would be better.

[new_buyer] 11/3/2019 08:33

This company I believe is 70% owned by II's and do you think if the options were that unpalatable to the II's that they would not make their feelings known? If it was a bonus scheme would it be more palatable?