Hummingbird Resources Share Discussion Threads

[seagreen] 05/5/2020 16:51

Charlieeee
Well said and if you politely suggest that to Border Terrier on the other thread he will draw you into a long boring heavily disguised Troll post in his efforts to keep his thread as the main one.....His raison d'etre is to keep the poison dripping yet claims to have quite a few shares whilst popping away...I knew I had a break from ADVFN for a while for a reason....best not to engage he steadfastdly wont say why he holds the share and has a low oppinion of poor old Dan and daily slates him...it does not make sense and I think he is a fraud or nuts or both. Simply does not compute.

People think its good to have other oppinions but his is a campaign of hatred and to slate HUM ..with no positive comment about the turn around what so ever.....end of.

[borderterrier1] 05/5/2020 16:00

New_Buyer Just like I have explained in the past and why. No point in repeating myself to all the ostriches on here and no point in arguing with idiots. They will always beat you with experience.

[ukgeorge] 05/5/2020 15:56

DB

AISC is calculated by taking costs divided by ounces sold. So was likely mainly driven by that.

[charlieeee] 05/5/2020 15:56

UK George

The real problem is that few posters have the background to properly evaluate these AIM companies and nothing is done to curb misinformation either from the companies, brokers/analysts or self styled "journalism" on these BB boards.

That results in good companies being traduced and rubbish being ramped out of sight.

Part of the negative perception on HUM is created by a deliberate misinformation campaign on LSE and ADVFN to destroy sentiment: if something is repeated often enough, the uninformed are nervous.

For your information, the investment in Bunker Hill had been made before the pit wall problem and NOT at the lowest point, as stated in your post and in any event, has not affected the outcome: there was sufficient available finance, including the undrawn facility. Out of interest, why would you still focus on a "petty cash" issue and yet fail to mention that it may turn out to be a profitable investment?

Management recovered brilliantly from the set back of eighteen months ago and the most recent RNS contained in great detail the solid progress on the mining operation into excellent POG and a really exciting exploration program. As you rightly say, with each quarter, this is becoming a compelling investment and with the current POG is throwing off cash: hard to believe that they have just announced a cool $17 million sitting there in inventory at the moment, alongside cash of $8 million: Smaug would be happy sitting on that pile!

[new_buyer] 05/5/2020 15:06

UKGeorge it's actually good to see 2 posters with very differing views but actually articulating where they are coming from and why.

[ukgeorge] 05/5/2020 13:57

From reading their (juxtapose) posts they clearly know their stuff (mining industry and hummingbird). However the market just doesn't trust the company so the undervaluation (if it is) will continue. All hummingbird can do is meet targets, reduce debt, increase cash. Rebuild their reputation it is going to take time. I thought Q1 results with the higher gold price and steady production would have been enough. But perhaps the market needs two-three more quarters of the same.

The last few years have been a disaster, management misled investors and Dan gambling $2M on a lead zinc mine at a time when the company was seemingly at its lowest point was plain stupidity.

[borderterrier1] 04/5/2020 19:54

New-buyer Thank you for that. Not sure about the UK but here in the US the information from the Securities and Exchange Commission:- "Fraudulent stock promotion" is specific. I suggest you both read it. Taking reward from a company for falsely promoting a stock by ANY means is illegal. In this case, the confident news items re. this in the run up to mine completion were obviously bull, the brokers target price of 60p was bull, mine visitors Fsj's 10 page glowing report of the smooth operation of the mine and confident predictions were bull. If brokers/companies/mouthpieces are allowed to exagerrate how can any investor confidently research any company before investing?

And JFYI on the LSE bb Juxtapose proudly claims that Sustainable upped their holding here. Correct. But Capital Group dumped 9% of theirs so I speculate that even the big hitters are getting frustrated. Juxtapose confidently continues with;- " Dan has a track record of delivering a goldmine" etc. Really? I mean REALLY??? One with a share price that's worth half as much as it was when it was a field? Bravo Dan!!!! Makes you wonder how much longer Dodgy Dan can keep the ball in the air with this now?

[borderterrier1] 04/5/2020 13:08

Post 8427 quote:- "You may be too late to seek compensation but worth checking with the FCA/ombudsman" Wasn't that your suggestion?
Please read the US Securities and Exchange Commission:- Fraudulent stock promotion section. It seems clear enough to me.

[seagreen] 04/5/2020 12:41

To the best of my knowledge and a review of my posts in April I can confirm I have never insuinated that I feel anything other than the management of HUM have acted with total integrity that was and is my oppinion.

[borderterrier1] 03/5/2020 16:34

Perhaps Seagreens suggestion in an earlier post an enquiry to the FCA or Ombudsman would be in order?

[borderterrier1] 03/5/2020 15:43

oohrogerpalmer Thank you for your concern but I am making LOTS of money! You only need to take a look at the beaten down stocks here in the US over the last month and there are plenty to choose from. But I always resist selling at a loss. IMO many investors have been taken in by this. Poor old Golden Bull for example on the LSE bb tells us he is very successful, sold two companies and retired at 40 years old, traveled the world etc. So he's no dummy. But then he tells us his life savings are in here? Look at the hype with this. THree years ago, Hum broker Beaufort Securities target price of 60p..... then they are successfully prosecuted by the FBI for pump and dump. Then the glowing 10 page report by mine visitor FSJ, who convinces us all that he is "long and strong" then "luckily" sells before this drops to 12 p. Where is the "info." coming from? Look at New_Buyer info. over the years. Got to be some ballup connection there IMO.

[new_buyer] 03/5/2020 14:55

Ahh Dudishes, great advice to BT!!

[oohrogerpalmer] 03/5/2020 14:34

BT,
I sold 75% of my holding a few weeks ago around 10% loss.Bought into Wmh & Avct and doubled my money in 4 weeks or so. The other 25% is being sold this week.
Your absolutely mad to keep droning on about Hum and do nothing.
There is plenty of money to be made elsewhere and if you profess to be successful at investing (which you do)
then as I said to you a while back , you would sell up and move on

[borderterrier1] 03/5/2020 13:08

Dudishes You are correct. But after being here for this length of time pulling out now is a bitter pill for not only me, but any of the long time investors to swallow. Like I have said for a long time now "A gold mine is a hole in the ground with a liar top." As the share price performance here shows, that's the case here. The money is going somewhere, but it certainly isn't beneficial in any way to the share price and the investors. Blame AIM if you like, but GB's and others referral to Dodgy Dan seems more likely IMO.

[dudishes] 03/5/2020 01:38

Bt, could have been worse if you say bought LLoyds @ 60p! A small loss if you sell?

I'd recommend leave and invest elsewhere, appreciate difficult at the moment, cash is king.

Come Monday, you must decide.

PS: No guru or expert, I get in and out for say 10%. Also lose when I fall in love, rare. Remember Wolf Mines, local to my old accountant, he is dead, so is my £14K!

If no confidence, accept a loss, move on.

Chase the producers not the chancers

[borderterrier1] 03/5/2020 00:41

Dudishes I bought here at an average price of 30p I have a couple of hundred thousand shares, been here for over three years. In over 40 years of investing this has been without doubt my worst stock and unfortunately, (despite what others routinely and confidently predict,) I don't believe this will ever improve. There is obviously some internal problem with this company that market whispers know about. The Ceo is a clever guy to keep the ball in the air as long, keep drawing his (tax free perhaps?) large salary and obviously not give a toss about the long term investors. Changed days from the run up to the mine opening in December 2017 when this was painstakingly pumped up feverishly by all and sundry. The guy with the reddest face on here should be Frank "Long and Strooooong" Campbell who wrote the 10 page report "Out of the goodness of his heart" after winning the visit to the mine. Are you still with us Frank or have you bailed out? Bad job all round for the long time supporters here.

[dudishes] 02/5/2020 23:37

borderterrier1,

Do not waste your intelligence with "seagreen" eternal ramper of many failed companies or "new_buyer (do not know).

seagreen, I've known for years, pumping stock and encouraging others to invest in his pump. Then blames the losses upon a Son having an accident/injury or whatever. He is a serial pumper.

No winner, just check his past?

I sold out today, not sure of profit, but lowest price bought was 21p.

Will chuck in winnings to CEY, I'm there at 142p, hope to add at 152ish? Await market Monday.

PS: Unless you integrate earlier posts/history, and if cannot be bothered, just filter, it's easy.

Good Luck Sir/Madam!

[borderterrier1] 02/5/2020 14:24

Or then again, in your case, perhaps not.

[borderterrier1] 01/5/2020 22:35

Seagreen and NB Please don't take my word for it. Take a look at a few of the recent LSE bb posts, especially the ones pertaining to "Dodgy Dan" and "Dan the fool". I'm sure you can figure this out if you try hard enough?