Hummingbird Resources Share Discussion Threads

[charles clore] 12/7/2016 16:45

New corporate presentation - worth a look.

[goldendigger] 08/7/2016 14:23

Strange gold price movement after the US jobs report. Dropped over $20 now higher before the report.

[wilco1000] 08/7/2016 11:53

Obviously would have been great if the company were producing gold now with the strong gold performance but with the AISC here being so low anything over $1000 and the company will have a healthy bottom line

[charles clore] 06/7/2016 19:25

Pixi - it reminds me of an inverse head and shoulders. Quite bullish I believe!

[pixi] 06/7/2016 18:56

80-odd deals today, someone has tipped this big-style.

Chas, it reminds me of a Seahorse swimming about minding it's own business.

[charles clore] 06/7/2016 17:11

Look at this little beauty and even with a decent rise hardly a post all day compared to the herd stocks. This is so under the radar it isn't true. A wonderful buying opportunity which should be taken full advantage of while it lasts imho.

By the way, has anyone seen this strange pattern before?

free stock charts from uk.advfn.com

[wassapper] 06/7/2016 10:28

Finally breaking out from placing price? If so this could move very sharply

[goldendigger] 06/7/2016 00:15

Seems that way. Nice little increase today and gold flying tonight.

[pixi] 05/7/2016 17:52

I'm fully loaded and waiting for the next disaster. They've lost control of the financial system and everything's likely to come crashing down, just like it did before, only bigger.

[richgit] 05/7/2016 10:36

Time passes so quickly (regrettably)

Quite obviously when HUM gets closer to production coming into view,the Market
is going to numbercrunch that (all things being equal) this Mine could pay back
Capex in obscenely fast order,leaving potentially off the scale upside to be banked.

Especially if the Market is then viewing $1900 as more of a when !.


Then of course the potential numbercrunching of the 4 Million ounces side dish currently being valued at 0.

I also like this latest move..."with a view to amalgamating certain of its non-core gold exploration permits in Mali together with a number of Kola's permits in Mali and Senegal and is in the process of creating a new company called Cora Gold Inc. ("Cora Gold") to hold these permits."


Risk/reward in a spread of risk/rewards this Company "could" make current investors seriously richer.

The fact that it isn`t a one trick pony reduces risk as investors wait to see
if the value of that side dish 4 Million Ounces can be unlocked.

I daresay that alone could be valued at far more than the current Market value,as We certainly will not be valuing Gold in the ground at averages of $50 or $100 per ounce when the World runs out of sufficient Gold coming to Market.

We will witness another $1000 per ounce in the ground somewhere, if Gold does what it should do.

The huge risk here is as production gets closer the Company will (if not already) be on the Radar of those where their Investors will be screaming for more Resources.

In that situation Investors have to hope that Market circumstances lead to
a "name your price" as opposed to opportunism,albeit opportunism would be far
higher than todays price- whereas "name your price" could be beyond what anyone currently imagines.

Personally,I want all my Gold picks to be the stocks I never sell,though- name your price may be some comfort.

For Myself I will continue to add in equal weighting to my other spread risks.

A spread of Gold/Silver stocks and currently 90% vaulted Silver.


IMHO

[gersemi] 05/7/2016 07:38

Apologies for o/t but another game-changing RNS from MARL this morning. Lots more mileage in MARL yet

[divmad] 05/7/2016 07:31

I still don't get why HUM couldn't or didn't secure some project debt finance at Yanfolia to see it through to production, rather than dilute shareholders by 200%.

[goldendigger] 04/7/2016 22:04

Funded for this year but will require funding via debt and equity with take off. They have major shareholders Teck one of them who have participated all the way so far in placings.

Like Hummingbird good projects attract good financing.

[pixi] 04/7/2016 21:40

Does HZM have the money it needs to survive?

[pixi] 04/7/2016 21:36

Hum is highly rated and is my second biggest investment by value.

[goldendigger] 04/7/2016 18:48

Can expect huge gains in both. Anyone intetested in HZM and the potential there just listen to the recent CEO intetviews on proactive, vox markets etc.

[divmad] 04/7/2016 17:37

Hum or HZM. Which is the better risk/reward here over the next year or two?

[pixi] 04/7/2016 16:26

Goldendigger, you asked about Nickel and LND have a lot of that and more besides. They accidentally discovered a significant gold deposit earlier this year and are scoping it out. News from drilling in August?

[goldendigger] 04/7/2016 15:18

Pixi

Looked into Lnd, looks like a decent company and a good increase today I see.

Wish my main ones STI, HUM and HZM would do the same.

[charles clore] 04/7/2016 12:17

Laptop - if they bought at 22p and sold at 22.5p they would probably be making at most 2% after broker fees. Having said that, right now I would not put it beyond the realms of possibility that they might be liquidating stocks to pay for margin calls elsewhere.

[laptop15] 04/7/2016 11:37

Yes your probably right charles but some just take there 5%-10% and move on.....at least there is a good foundation laid now at the 22p level and will rise slowly from here. Good news will speed it up :))

[charles clore] 04/7/2016 11:25

Laptop - I can't really imagine a placee buying at 22p and selling at 22.5p. I'd have thought they would want a bit more for their inconvenience but could be wrong there! Trade volume is not too bad though.