Hummingbird Resources Share Discussion Threads

[borderterrier1] 21/5/2019 17:08

When I first looked at this I did. But I now believe that a lot of it was hype by the broker, the glowing news reports, items etc........(similar to the one today, 20th May in Value the Markets by Stuart Langelaan) and one of the first red flags for me was when the Hum broker was successfully prosecuted by the FBI for pump and dump schemes. Can any of us really believe this stuff anymore? My gut feeling there was the right one. This could still recover but the Ceo needs to realize he isn't experienced enough to make irrational decisions with SH money.

[moneyfornothing1] 21/5/2019 16:36

SP can do that sometimes without any reason but if the fundamentals are good there will be hope. As you said earlier you live in hope so I assume you believe the fundamentals to be sound also?

[borderterrier1] 21/5/2019 16:32

moneyfornothing1 And yet, if you DYO research, the share price was steadily deteriorating BEFORE the rain/artisan/shooting incidents. Why ???

[moneyfornothing1] 21/5/2019 16:15

I can see the mistakes you talk about (BH, 1p options) but personally I see a number also outside of the control of the management (rain/artisans/shooting) and together I believe is reason for the share price but I also feel a single mine with a (current) short LOM is not helping.

I don't agree with you on the ball mill though as I think it would be incredibly short sighted of them not to be planning for a successful future WHILST recent issues, hopefully, are brought under control. I might take a position but probably after the Q2 figures are issued.

Dugbe looks to me to be a red herring at the moment.

[borderterrier1] 21/5/2019 15:18

moneyfornothing1 Of course and I will, eventually. But I'm pointing out to others that that this isn't what some would have us believe and hopefully, my persistence will pay off so that changes are made here. After all, isn't the share price a good indication of success or failure? And you are right, IMO this was a bad investment but (like many others here do) I live in hope.

[moneyfornothing1] 21/5/2019 14:43

borderterrier feel free to not answer but you obviously see this company as a disastrous investment on your part, and I understand there is no loss until you sell, but why hang around with an investment that you seem to abhor so much?

Surely sometimes you have to just take it on the chin and walk away don't you?

[borderterrier1] 20/5/2019 21:53

New-Buyer Please try the LSE bb. How long has Fsj contributed on there? Open mouth, insert foot. And you and Fsj can prop this up as much as you like but at the end of the day, the share price and market tells the story. Disaster Dan and his "experienced" team are responsible for where it is today. Who else can you blame?

[new_buyer] 20/5/2019 21:11

Oct 16 - May 19, mmmm 2 years?

[borderterrier1] 20/5/2019 16:27

New_buyer Isn't May 2017 to May 2019 two years? I guess not on your calendar?
Better hurry up with buying presents, Christmas is only a month away. BTW are you and Fsj getting golden Hum eggs again? Or do you only get those at Easter?

[new_buyer] 20/5/2019 16:15

Oct 2016 is not far off 2017 and is a lot closer than Frank followed me here which is (another) blatant lie, but they are common with you. You just can't help yourself can you, you are just lying very lonely man!

[borderterrier1] 20/5/2019 16:07

new-buyer. And yet Frank says on his post three above "Only been here 2 years"
Strange eh? Wouldn't that be 2017 not 2016? I know you can't read, but counting should be a bit easier. After me:- 1-2-3-4-6- etc. Hummmmmmmmmm......?

[new_buyer] 20/5/2019 15:59

Oh and as another easy lie to prove you can check someones profile to see when they joined this site, Frank is 2016 and borderterrier 2018 but of course Frank followed our lying narcissist onto this site, give me strength.

You have been warned.

[fsjamescampbell] 20/5/2019 13:31

Only been here 2 years........wrong again bt....by the way moneyfornothing1 by all means ema me [e-mail] I can email the site report from March 2018 you can then fully judge for yourself...it is a factual report, obviously we ha e hindsight in play as it is over 12 mo ths old, but feel free to email me.

[moneyfornothing1] 20/5/2019 13:28

Not sure I would agree and if I could not find the info I wanted, as you say it is hard to ascertain from filings and returns, then I think I would walk away. I don't have enough to take too high an undue risk, a bit of risk yes but I have to be comfortable with it.

[borderterrier1] 20/5/2019 13:23

moneyfornothing1 To the best of my ability, (and others on here have also said the same) I absolutely did thoroughly research the company. But (as I'm sure you'll agree,) a company mouthpiece "in the know" who is as persistent as Fsj has been over the last three years, is very hard to ignore?

[moneyfornothing1] 20/5/2019 13:14

That seems to me to be part and parcel of investing in AIM companies, higher risk and reward and why I will only ever invest a small part of my portfolio here. If you can't research the company properly you are taking a stab in the dark in my opinion.

[borderterrier1] 20/5/2019 13:11

moneyfornothing1 More investors than me have hinted on here that their judgement was swayed by Fsj. After all, he did win the competition to visit the mine and he put a glowing, lengthy report on here about his visit. His companion on the trip was another investor, who commented some time ago on here that he was "sick as FK" or words to that effect, of the progress made since the visit. I got my fingers burned with a fledgling oil co. in the US several years ago that bore remarkable similarities to this in as much that the financials were always "patchy", inconclusive and they were overseen by a board member with doubtful contacts. Remember, not all information is available on the Internet and parts are often removed.

[moneyfornothing1] 20/5/2019 12:11

borderterrier I still have more research to carry out before I get to the point here of forming my own opinions, will check out the Betts family too but would be surprised if they could influence investment companies but like I say more research to do yet.

You seem to role out that quote about the lair on top quite often LOL. You certainly don't seem to be a fan of fsjamescampbell, did you get taken in by what you say was misleading information and was some of that from him?

[borderterrier1] 20/5/2019 11:51

moneyfornothing1 If only it was that simple. Under "normal" circumstances, a Ceo with a track record with a co. like this would have been removed, don't you agree? And if you don't agree, why not? Perhaps the Betts family, with their long involvement in this industry have clout in other areas? Please read the glowing testimonials back in the early days when this was just a hole in the ground. Where did all that "information for investors" come from? Information that has since proved to be completely misleading. Misleading for virtually everyone who invested here early with the possible exception of Fsj the co. mouth piece and mine visitor that by his own admission has now accumulated more shares because he "luckily" knew when to sell.

And don't forget that since mine completion, this share price has steadily deteriorated. Why?? It wasn't because of the security breach. It wasn't because of bad weather. It wasn't because the supply bridge washed out. It wasn't because of the involvement in BH. The share price was deteriorating long BEFORE all that happened. Why? Any ideas? Look at what is happening with Cora right now and always remember the quote from the 1880 gold rush in the US:- "a goldmine is a hole in the ground with a liar at the top". And at the end of the day, the 10 year chart says it all.

[fsjamescampbell] 20/5/2019 11:24

Little rise so far today......nice to see

[moneyfornothing1] 20/5/2019 10:21

What makes you think it is a strong possibility?

I would assume that if it was to happen it would have been when all the bad decisions you say were taken came to bear, which surely means the middle of 2018 don't you think?

[borderterrier1] 20/5/2019 10:16

moneyfornothing1 I agree and I did say exactly this in another post on here a couple of weeks ago. I think (depending on the next update) the Ceos removal is a strong possibility and I would welcome that decision.

[moneyfornothing1] 20/5/2019 10:03

borderterrier PI's have little leverage but II's certainly do. Would you not think that if the II's wanted the CEO removed they would not be able to do it?

If you think they have the power and they have not removed the CEO it might possibly mean that maybe they are not as unhappy as you certainly are with him. We will never know what they think until any action is taken but just a thought.