Hummingbird Resources Share Discussion Threads

[borderterrier1] 25/10/2019 19:02

moneyfornothing1 As a substantial shareholder here, I'm entitled to be bitter by the abysmal performance of this share price ......... and I'm not alone. You can read this for yourself on the LSE bb, I believe Golden Bull was advised to buy here at 39p? I guess his financial advisor was also an idiot? Of course not. Many of us were swayed by Fsj's fanatical ramping and who wouldn't be? He was invited to the mine, returned with glowing reports and visions of grandeur that never materialized. You can read it for yourself.

Mining companies are successful because they deliver. To date, this hasn't. But "new" investors like yourself are brimming with enthusiasm believing that eventually it will, as I once did. I sincerely hope that in a years time you are not disillusioned.

[moneyfornothing1] 25/10/2019 17:35

I doubt that very much or you wouldn’t be quite so bitter as you are!!

[borderterrier1] 25/10/2019 17:26

moneyfornothing1 I invested on all the info. that was available. It was "supposed" to be factual, as factual as any research would reveal to any investor who was researching this. As I have said before "a gold mine is a hole in the ground with a liar at the top". IMO very true.

[moneyfornothing1] 25/10/2019 15:20

A tip for you BT, don’t invest on hype, invest on facts instead. You are welcome.

[borderterrier1] 25/10/2019 15:02

moneyfornothing1 Of course its a good update. But unfortunately, there have been many similar ones over the last three years that have been futile. Re. research. IDMO research but if you look back at the broker targets from three years ago, and the almost fanatical input on here from Fsj and NB, what are we to believe with this? And I most certainly take full responsibility for investing here. It was based on the Hype that was available. But the share price responded to all of it in a negative way. Let's all hope now that DB and his crew have learned. But in the past I have invested in companies that are more interested in lining their own pockets at the expense of the share holders. Let's hope this isn't the case here.

[dickbush] 25/10/2019 14:41

At the risk of annoying people who depend on charts for their investment decisions, I'm not an aficionado. Having said that, my eyesight is still working.

The gold price is having good day, breaking through a prior high at circa $1516, although it's back below that as I write. HUM's chart looks positive, too.

Fingers crossed.

[dickbush] 25/10/2019 14:27

The company has been producing gold for 7 qtrs. After a fast start-the 2nd qtr 2018 gold poured over 33,000 ounces (still a record)-the operation got hit by the kitchen sink. It has recorded growth since the first qtr of this year but EBITDA was nothing to get excited about until the latest figures. There are very few happy investors in RENE and many, many more who have lost a lot of money. It is now a "Show me" situation. Nothing matters but the figures.

I would bet that if, as I suspect, we see surprisingly good figures reported in mid-January, this will be back up to your 39p-and beyond if the gold price is performing well. Then the rampers and hypers will be back on this site, if not before. Just make up your own mind about what its price should be and don't listen to anyone else.

If I may, a word of advice. The odds of anyone selling at the top (or buying at the bottom) are extraordinarily low. To regret not doing so is human but you have to get used to the idea that it ain't going to happen.

When there is a boom and everyone is scrambling for stocks, take yours and sell them. Put the proceeds in the bank. No doubt they will go still higher. Take no notice of this. Wait for the next recession. When it gets bad enough for the politicians to make speeches (about it), take all your money out of the bank and buy stocks. No doubt they will go still lower. Take no notice of this. Repeat this for the rest of your life and you will have the pleasure of dying rich.

Fred Schwed Jnr (Where are the customers' yachts?) -slightly edited

The key takeaway: you don't need to sell at the top or buy at the bottom to make an awful lot of money - as long as you do the opposite of the herd.

[moneyfornothing1] 25/10/2019 14:15

Borderterrier do you not think it’s a good update?

[dickbush] 25/10/2019 11:10

BT, Making a poor investment in Bunker Hill Mining does not constitute a "misuse of company funds". It constitutes a poor investment, rather similar to your investment in HUM to date.

In my experience, no one makes only profitable investments in financial assets. If you can't accept that you shouldn't invest at all. An 80% hit rate ranks as genius. Check out Jim Rogers, George Soros' partner in the Quantum Fund, an extraordinarily successful fund. IMO Rogers was the brains of the partnership. However, he is the first to admit that he knows how to lose money, too. He tells the story of when he hadn't been in the business very long he shorted several companies and lost everything as their prices kept rising. Two years later they were all bankrupt. On the short side the market can be wrong a lot longer than your resources.

I give you credit for one thing, though. You didn't panic out. You've stuck with it when many, no doubt, took a big loss. A bit more patience, a stable stockmarket, and a circa $1,500 gold price, and you'll be on the right side of this.

[moneyfornothing1] 25/10/2019 09:10

No surprise to see BT blaming others for his investment decisions, proper research rather than posts on a message board would be useful in future!!

[kennyp52] 25/10/2019 09:07

Cup of chamomile will reduce your anger BT1 🤙

Trust and sentiment often override the fundamentals . It might take them paying the debt off completely before share price reflects some decent progress made.

[borderterrier1] 25/10/2019 00:24

moneyfornothing1 "back up my posts with evidence?" Nothing I have posted on here hasn't been backed up by other shareholders. Sorry if I don't look at this through my rose tinted specs like you do but I say it as it is. I'm sure you bought in at sub 20 p and as a result you are blissfully happy. But I didn't and IMO, after three years this is a poor return. As a long time investor I wish this would move, but we both know that good news usually results in a drop in the share price So, now we all wait patiently for another faint glimmer of hope, as the long time investors here have done many, many times. Good luck, I have a feeling we will all need it.

[moneyfornothing1] 24/10/2019 23:38

You’ll be waiting awhile, from what I’ve seen and read through some of his past posts as soon as anyone asks him to back up his posts with evidence he goes missing for a few days and hopes you don’t remember when he resurfaced!! New_buyer has caught him out with obvious lies many many times.

I also enjoyed my interactions when I first posted here but soon saw through his vacuous postings.

[dickbush] 24/10/2019 22:53

BT RE Directors options. The 2018 accounts show these total circa 7.8 million of which circa 2.5 mil are at 22p. The remainder circa 5.3 mil. Hardly an outrageous percentage of the outstanding shares. I will be very happy, as a fellow shareholder, to see all 7.8 million worth a great deal more than today.

[dickbush] 24/10/2019 22:00

I've been happy to respond to him. It's fun.

I've been investing a lot longer than he has. It was my job for thirty years, and I've been doing it part time for the last twenty. I was just getting ready to filter him when he came up with libel-unless he can back it up.

I'm waiting...

[goodgrief] 24/10/2019 21:51

Me neither!From Citywire..."Mark Denning, the fund manager who resigned after an investigation by the BBC's Panorama, has denied profiting from a secretive portfolio that bought shares he also held in his funds."

[dickbush] 24/10/2019 20:20

BT...now because Bert is moving to Cora it will "strengthen ties" What ties?

Listen to

from 19 minutes in.

I've seen a suggestion that the holding in Cora is 18%.

What misuse of company's funds?

[borderterrier1] 24/10/2019 20:11

moneyfornothing1 This was 39p before the mine was completed in December 2017. The mine completion was followed by several disturbing events, mis-use of co. funds, ridiculous share options etc. etc so today it is 25p. And I'm being negative? Grow a pair.

[moneyfornothing1] 24/10/2019 19:40

My fellow investors you are wasting your time with Borderterrier. Unfortunately his lies are far too often as you can see from his last post.

"This is Hummingbird resourses where New_Buyer called me a fool a month ago. His prophecy that this would move N on the Q3 update hasn't happened"

What bew_buyer actually posted was "Great set of numbers, hope the share price reacts but still think LOM extension and a second mining operations is whats needed to really push this forward in a BIG way." so hardly what Borderterrier is claiming now is it? Sadly he adds very little if anything to this board just complete negativity.

I'm relatively new to this board but it is very telling how many people say they have filtered him on this board or simply ignored his posts. Of the last 50 posts on here probably about 20 of them are from him, why? There is definately another agenda going on here, paid deramper? Spurned employee? Why would any shareholder sabotage a company they hold shares in (?) by ruining this message board?

Ask yourself why.

[plasybryn] 24/10/2019 19:08

Sorry that should say Institutions.!

[plasybryn] 24/10/2019 19:08

Bert Monroe is a very capable guy with excellent City and investment contacts. Look at the amazing list of Instructions he has attracted to Hummingbird. But we all want advancement and although he is a skilled Business Development (City type) his management skills have been recognised and he has been offered the post of CEO at Cora Gold. Although he has been 11 years at HUM and seen it through from inception to production now is his moment to move up. Well done Bert.