Hummingbird Resources Share Discussion Threads

[aim999] 11/9/2019 00:35

Gold price very good so most gold shares should continue to have a good run. I like hum as it hasn't reflected the current increase in GP and for the upside from it's unleveraged position on GP, exploration potential, LOM increase, and great cashflow potential. If they get it right over the next few quarters and GP remains strong, this is cheap as chips. Wait and watch. For sure with brexit looming it's good to have revenue and profits in USD

[laurence llewelyn binliner] 10/9/2019 19:11

No one spotted the TR1 today..? Gold Fields owned exactly 21,258,503 so who had the rest.. :o) It looks like they were mostly hoovered up by Ruffer LLP who now own 32,568,649 or 9% of the shares.. This change to 9% is due to a purchase of 15,512,105 shares by Ruffer LLP on 30 August 2019, notified on 03.09.2019.

[qs99] 10/9/2019 18:10

why would it need a rights issue? Good to have Ruffer on board, decent stake. Next financial update should hopefully provide clarity on how much cash they (should) be generating IMO/DYOR....

[lasata] 10/9/2019 17:39

So it was Ruffer who bought that large tranche of shares the other day! Do we think there will be a rights issue here?

[borderterrier1] 10/9/2019 12:47

aim999 Or perhaps the sellers are taking my advice and jumping on my pick on here AAZ? The co. is up 700% but I'm the board idiot so WTF do I know?

[dickbush] 10/9/2019 10:10

FWIW https://www.bloomberg.com/news/articles/2019-09-10/citi-says-gold-may-top-record-as-risks-mount-fed-cuts-to-zero?srnd=premium-Europe

[aim999] 10/9/2019 09:50

Gold creeping back up from lows. Hopefully will continue as we head towards the rate decision. One thing for sure is hum will have had a nice quarter with this gold price, probably around $1500 and had $5m of gold inventories (worth more in Q3). If production goes well then we should be quids in here. A bonus here is business is all in USD$ so no brexit concerns....good luck holders, maybe regrets for sellers in a few weeks

[dickbush] 06/9/2019 14:40

payroll number was weaker than expected. 130,00 v 160,000 expected and the 130k number included 25k temporary government jobs. Should mean a Fed rate cut.

[qs99] 06/9/2019 13:54

fall in gold seems to have reversed nicely. as someone has pointed out, HUM should be making a serious amount of hay any where near these levels anywAY! DYOR

[aim999] 06/9/2019 10:19

Either way making good money at this POG....

[aim999] 06/9/2019 10:18

Let's see what the non farms look like as it should indicate how the Fed will act..... we might see a gold spike or slump later... hopefully the former

[dickbush] 05/9/2019 21:25

FYI https://www.youtube.com/watch?v=BnTHFGS58iE https://en.wikipedia.org/wiki/Frank_Giustra

[borderterrier1] 05/9/2019 14:37

kennyp52. As I say, this may have turned the corner and after this length of time I hope so. Good luck to you.

[kennyp52] 05/9/2019 14:00

Thanks BT1 . It is obvious you are a frustrated shareholder rather than a deramping you know what then . I take all views on board ... to do anything else would be foolish in my view . This is without doubt still unproven and a bit of a gamble but if they produce the goods it could put on substantial upside value . Good luck

[borderterrier1] 05/9/2019 13:06

kennyp52 It's an unfortunate fact that if you speak the truth on here, rather than post glowing reports of complete B/S like others do (Fsj and GB on the LSE bb?) you get branded as an an incompetent moron. I am neither. There are lots of things that have developed since "mine completion on time and on budget" that I don't like, the main one being the ridiculous share options. Hopefully now this is beginning the show progress.

[rickyhatton] 05/9/2019 11:10

htTps://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CORA/14215240.html Hummingbird taking just under 5m and maintaining 18% stake in Cora.

[rickyhatton] 05/9/2019 10:23

htTps://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CORA/14215240.html Hummingbird taking just under 5m and maintaining 18% stake in Cora.

[andrewsr] 05/9/2019 10:16

Mid-October for 3rd quarter production up-date. They had promised a reserves up-grade, but seemed to have delayed that or put it to one side.

[kennyp52] 05/9/2019 09:33

Well on the back of the confidence of you guys I bought in . The non hedge is a massive plus for me at this POG level . When are next figures out ? Good luck all

[new_buyer] 05/9/2019 08:18

kennyp luckily I, and many others. have filtered the board black cloud as his posts add nothing. He's probably still going on either about being right all the time or the Betts family being part of a conspiracy to make money at the expense of the shareholders but on both cases he's been wrong or offers no proof. Good luck with your interaction though but I give it 2-3 weeks before you filter him too.

[moneyfornothing1] 05/9/2019 08:17

POG still looking good!

[kennyp52] 04/9/2019 22:22

Thank you BT1 ... but you have confidence that they will deliver an increased share price and juicy dividends ? I assume so if you hold .

[borderterrier1] 04/9/2019 22:12

kennyp52 New_buyer knows that over the last 2 years I have been right with this all along and that's why he gets so upset. Glaring incompetence has been displayed multiple times by the "experienced Hum team" since mine completion and at that time there was zero response from the Ceo and PR team to assure shareholders. Let's hope that at long last lessons have been learned and now this is on the right track.

[moneyfornothing1] 04/9/2019 20:00

POG looking good!

[qs99] 04/9/2019 19:09

Am in for some more. Sold out after the wet season shocker, but now IMO seems to be back on track and with POG motoring higher and higher, IMO that provides some "wriggle" room for management fortunately. but as an un-hedged miner, this should IMO/DYOR be making plenty of hay!! GLA