Hummingbird Resources Share Discussion Threads

[fsjamescampbell] 30/5/2019 20:34

Of course you are the ultimate in predicting the demise of a stock.....please please tell me which other stocks are going down so I can open other short positions...

[borderterrier1] 30/5/2019 19:18

Fsj. Of course it is Pied Piper. Promote AND short for the idiots that believe your lying. BTW do you really believe that anything I put on here will influence the SP? Yanfofailure! Yanfofailure! Yanfofailure!

[fsjamescampbell] 30/5/2019 18:47

This is great bt....keep knocking HUM my short is flying! You are the best 😂😂😂

[borderterrier1] 30/5/2019 13:56

Laptop15 You do know who audits the accounts........don't you?

[sleveen] 30/5/2019 12:40

Wouldn't disagree.

[laptop15] 30/5/2019 12:21

Looks like they will need to raise cash here soon imo after looking at the accounts and Q1 results/burn rate

[borderterrier1] 30/5/2019 12:02

Fsj and New-buyer On this bb you are both an absolute laughing stock, a pair of delusional buffoons. This is doing exactly what I said it would. Fsj, perhaps you should think about changing your e mail address? And perhaps then the Hum Bod should hire TBTT as the new Ceo? IMO he talks a lot of sense and obviously knows a lot more about gold mining than Del Boy does. Yanofailure FK-up.

[borderterrier1] 30/5/2019 11:01

sleveen I agree. And I did point the similarities out several years ago but it was a "conspiracy."

[sleveen] 30/5/2019 10:35

bt1 Depends on the event/s leading to 5p. Might be a complete basket case by then, look at MTL.

[borderterrier1] 30/5/2019 10:26

No problem Laptop. Now you, Fsj and the rest of the idiots can buy a lot more shares when this gets to 5p.

[laptop15] 30/5/2019 08:48

Thanks for your thoughts sleveen

[napoleon 14th] 29/5/2019 16:19

RT - I agree on the whole, but haven't put a single extra penny in HUM. I bought enough of them two/three years ago & it will have to mend itself, IF POSS. I prefered to go for BIDS instead, which has only taken 2 months to cover the loss here, & then some....

[ukgeorge] 29/5/2019 14:36

Next level of support 11p or the all time low imo.

[borderterrier1] 29/5/2019 10:57

New_buyer Like I have said for a long time now, this is monumental display of absolute incompetence. The Bod and Ceo have displayed complete arrogance and disregard for shareholders, especially with the continued patchy, inconclusive information. But some idiots on here would not listen and continue to spout ridiculous projections about where this is going in the future. This morning the LSE bb is full of them. Why would this suddenly turn around? Because Fsj the Pied Piper says it will? Because the Bod and Ceo says it will? Wake up shareholders. Your money has done no more than contribute to Bod/Ceos extravagant life syles and we have all been royally conned.

[ukgeorge] 29/5/2019 09:47

Ricky, what were they promising for years one and two? I think most are in agreement that they need to actually meet a few targets before any outlook they give can be remotely trusted. Also they are extremely unlikely to ever get near $800 for AISC

[rickyhatton] 29/5/2019 09:40

You always mine the most profitable ore first if possible. Just common sense. The fact that they are able in the mine plan to target 390k to 435k ounces of gold over 3 years from 2020-2022 at only $800 cost is a major positive. Particularly if sold at $1250/$1300. Up to 435,000 oz gold at up to $500 margin over 3 years ......

[sleveen] 29/5/2019 09:28

Laptop Mining plan production increased for 3 years as shown by rickhatton's post above. My take is that they need the higher production to offset the increased costs. Show's desperation IMV. When this falls to 10p have another look, it might be worth a small punt. GL

[avsome1968] 28/5/2019 15:51

Laptop; BT posts aren't far of the mark I would certainly wait till 3Q results make sure output still on target and ball mill up and running , hopefully weather not as bad previous year, like George says better to buy after couple of positive quarters.

[bmnsa] 28/5/2019 14:24

POG goes up,HUM goes down!

[rickyhatton] 28/5/2019 13:16

Good post RT - They are continuing to report they are "likely" to miss the 2019 AISC guidance, partly because of Gonka waste stripping this year, so Gonka high grade is getting into the mine plan at an earlyish stage. "Likely" could mean that in some scenarios they still have unlikely hopes that they might still meet AISC target, so maybe it will not be missed by a distance. "Particularly strong results came from Gonka, a deposit located just 5km from the process plant, where mineral-rich intercepts included 15m @ 16.03 g/t and 18m @ 9.39 g/t. Such high-grade potential has made us even more confident in our long-term plans for the mine and the potential for underground developments." " ....this was last forecast as part of the DFS in 2016 and showed that the Yanfolila Gold Mine would average 107,000oz gold production per year. The current draft LoM plan, awaiting finalisation, indicates that in the upcoming 3 years (2020-2022) the Company is able to achieve production of 130,000-145,000oz per year at a targeted AISC of US$800/oz

[redtrend] 28/5/2019 11:57

Laptop - cash situation is tight and they really need to hit their intended 2019 target to ensure they don't need additional loan and/or additional equity. On past evidence, in the worst case scenario I believe they would be able to refinance with their lender, which they appear to have good relationship, rather than equity but who knows. Because they have everything to prove and jury is out, the share price is at this low £50m market cap (which is fair considering the risk). So high risk, high reward. They hit their targets this year, troubles with last Q3 2018 wet season is a thing of the past and the share price should soar. With ball mill up and running and 130K Oz+ for future years, in a gold bull market you could see this many multiples higher. However if they struggle to meet 2019 production target, thereby struggle to pay loans + trade payables and need additional financing/ equity, we will stagnate further or decline. Either way, the next 7 months are going to be incredibly interesting for HUM. I'll lay my cards out and I err to the positive. I've bought a significant amount at the 14.5p region and believe at £50m market cap, even with the risks, the potential significant upside outweighs the downside risks.

[laptop15] 28/5/2019 11:38

What's going on here guys?? Why do low?? What's the cash situation here?

[ukgeorge] 28/5/2019 11:23

NB, moneyfornothing. I am not holding any more I sold out and I am relieved to have done so. The report promises a lot of jam tomorrow. However, I don't think sentiment will change until production and cost numbers start coming in to prove that targets can be met. I'd rather buy at 20p after a couple of positive quarters.